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Medium and Long Questions (17 Questions. 1 mark each.) you think that the correct answer is missing from the multiple choices, then select the best:

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Medium and Long Questions (17 Questions. 1 mark each.) you think that the correct answer is missing from the multiple choices, then select the best: rallable answer. 6 How many years does it take to double your money at an interest rate of 4.16% ? A) 16 B) :17 C) 18 D) 19 D) 20 At the beginning of Year 1, you purchased a unit in a mutual fund for $10. The year-end prices and returns for the ensuing three years are shown in the table, below. Calculate the average return farithmetic or garden variety) and the compound average return (geometric mean). Which of the followino is tnie? A) *Arithmetic > Geometric B) Arithmetic = Geometric C) Arithmetic

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