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The following data show the 15-year historical returns of S&P 500 and 3-month T-bill. Fund A invested $100 to S&P 500 at the beginning of
The following data show the 15-year historical returns of S&P 500 and 3-month T-bill. Fund A invested $100 to S&P 500 at the beginning of 2006 and reinvested all the proceeds until the end of 2020. Fund B invested $100 to 3-month T-bill at the beginning of 2006 and reinvested all the proceeds until the end of 2020. At the end of 2020, the difference between Fund A's cumulative dollar value and Fund B's cumulative dollar value is A B 28 142 210 254 D Year RS&P500 (%) RTBILL3M (%) 2006 6.07 2.98 2007 15.40 4.80 2008 5.70 4.66 2009 -36.74 1.60 2010 28.36 0.10 2011 17.49 0.12 2012 0.48 0.04 2013 16.33 0.06 2014 35.22 0.02 2015 11.73 0.02 2016 0.10 0.02 2017 13.50 0.20 2018 22.31 0.80 2019 -5.12 1.81 2020 30.42 2.14
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