A person invested $6000 in stock the market. The economy was bulling and return was 9%...

 

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A person invested $6000 in stock the market. The economy was bulling and return was 9% on average for first 6 years. Then there was a downturn and return was average of 6% for the next 4 years. How much is in the account after 10 years? What is the average return over 10 years? (2 decimal) A person invested $6000 in stock the market. The economy was bulling and return was 9% on average for first 6 years. Then there was a downturn and return was average of 6% for the next 4 years. How much is in the account after 10 years? What is the average return over 10 years? (2 decimal)

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Question 1 How much is in the account after 10 years Calculate the Amount accumulated for ... View the full answer