Mathematics
Mathematics, 19.02.2021 20:00, tchocho8621

Suppose a man invested ​$350 at the end of 1900 in each of three funds that tracked the averages of​ stocks, bonds, and​ cash, respectively. Assuming that his investments grew at the rates given in the table to the​ right, approximately how much would each investment have been worth at the end of ​2009? Category
Average Annual Return
Stocks= 6.1​%
Bonds =​2.0%
Cash= 0.6​%
His investment in the fund tracking stocks would be worth approximately ​$

​(Do not round until the final answer. Then round to two decimal places as​ needed.)

answer
Answers: 1

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Suppose a man invested ​$350 at the end of 1900 in each of three funds that tracked the averages of​...

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