Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Peter Lynch said with 30% annual rate from the market, you would soon own half of the country. How soon? Use U.S. GDP, which is

Peter Lynch said with 30% annual rate from the market, you would soon own half of the country. How soon? Use U.S. GDP, which is about $16 trillion, as an estimate and half of it is $8 trillion. We start our investment with $10,000.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Crypto Spotlight Series The Sandbox

Authors: Nott U.r. Keys

1st Edition

979-8854247702

More Books

Students also viewed these Finance questions