Question
Scenario 4: Compare two stocks. Both have earned 8% per year on average. However, stock A has oscillated between 6% and 10%. Stock B has
Scenario 4: Compare two stocks. Both have earned 8% per year on average. However, stock A has oscillated between 6% and 10%. Stock B has oscillated between 3% and 13%. (For simplicity, say that they alternated.) If you had bought $500 in each stock, how much would you have had 10 years later?
A: If you bought stock A at $500 how much would you have after 10 years? Enter your answer to the nearest dollar without the dollar sign. Example $6,428.93 enter as 6,429.
B: If you bought stock B at $500 how much would you have after 10 years? Enter your answer to the nearest dollar without the dollar sign. Example $6,428.93 enter as 6,429.
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