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Make one time deposit 5000$ today.You will earn 8% every year(compouned anually).Find Future value. Your return on investment is: year 1 17% year 2 20%
Make one time deposit 5000$ today.You will earn 8% every year(compouned anually).Find Future value.
Your return on investment is:
year 1 17%
year 2 20%
year 3 -5%
year 4 -10%
year 5 30%
1)what you will get at the end of 5th year.How much you end up with.Hiw many times more than you started with?
2)What is geometric average rate?
3)What is simple average return?
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