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Question 10 You invested $1 in a S&P 500 Index fund on 1/1/2006, and the annual return for 2006, 2007, 2008 and 2009 was approximately
Question 10
You invested $1 in a S&P 500 Index fund on 1/1/2006, and the annual return for 2006, 2007, 2008 and 2009 was approximately 14%, 4%, -38%, 23%, respectively. Whats the value of your investment at the end of 2009?
a. $0.90
b. $1.01
c. $1.03
d. None of the other answers
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