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QUESTION 7 Maria has owned her townhouse for 17 years. She is considering seling and reinvesting the funds in a stock market index fund. The
QUESTION 7 Maria has owned her townhouse for 17 years. She is considering seling and reinvesting the funds in a stock market index fund. The townhouse onginaly cost $98,000. Recently units in her neighborhood sold for S278,000. The rate would she need to earn in the index fund to match her townhouse CAGR is. A8.9% B. No answers are corred C 16.2% D.63%
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