Register
Your grandfather invested $1,000 in a stock 36 years ago. currently the value of his account is $318,000. what is his geometric return over this period?
166k views
2 votes
Your grandfather invested $1,000 in a stock 36 years ago. currently the value of his account is $318,000. what is his geometric return over this period?

User Andreas Gassmann
by
5.7k points

1 Answer

2 votes
it would be 8,833.33 over the years
User Janeen
by
6.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.3m questions

8.3m answers

Other Questions

One reason that businesses want to combine with other businesses is to A. avoid taxes. B. delay expenses. C. hire more workers. D. reduce expenses.
Which of the following possesses the sole power to create revenue bills?
Why do objects used as money need to be in limited supply
A business plan should generally project financial and operational aspects of the proposed business for the first a. six months. b.one year. c. three to five years. d. seven years.
Paul and Simone both work for the same accounting firm. Paul is married and has two kids and takes three allowances on his W-4 form. Simone is single and does not have any children, so she takes one allowance
Link Copied!