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You invested $74,000 in a security 5 years ago. For the first three years, the arithmetic average return was 4.1%, and the geometric average return
You invested $74,000 in a security 5 years ago. For the first three years, the arithmetic average return was 4.1%, and the geometric average return was 3.9%. For the next two years that just ended, the arithmetic average return was 6.5%, and the geometric average return was 6.23%. What is the dollar value of your investment position today? Enter your answer correct to 2 decimal places and do not round your earlier steps.
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