required : figure out the average annual return for each fund and for the 50/50 combination Edward,

required : 

figure out the average annual return for each fund and for the 50/50 combination

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Edward, Blinken, and Ruth are triplets, but they have very different attitudes toward investing. Five years ago, each began an investment program with $12,000. Edward, a risk taker, invested the entire amount in a high-growth stock mutual fund. Blinken is extremely conservative and invested his $12,000 in a high-grade, low-risk, corporate bond fund. Ruth took a personal finance class in college, so she's invested half her money in the stock fund and half in the bond fund. Taking into account both income and growth, the after-tax annual returns on the funds over the last five years have been as follows: Year Stock Fund (%) Bond Fund (%) 50/50 (%) 1 5 8 6.5 2 -8 10 1.0 3 18 2 10.0 -3 6 1.5 25 3 14.0 45 Edward, Blinken, and Ruth are triplets, but they have very different attitudes toward investing. Five years ago, each began an investment program with $12,000. Edward, a risk taker, invested the entire amount in a high-growth stock mutual fund. Blinken is extremely conservative and invested his $12,000 in a high-grade, low-risk, corporate bond fund. Ruth took a personal finance class in college, so she's invested half her money in the stock fund and half in the bond fund. Taking into account both income and growth, the after-tax annual returns on the funds over the last five years have been as follows: Year Stock Fund (%) Bond Fund (%) 50/50 (%) 1 5 8 6.5 2 -8 10 1.0 3 18 2 10.0 -3 6 1.5 25 3 14.0 45

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