Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate complezion. Return to question Assume the returns from holding an asset are normally distributed. Also assume the average annual return for holding the asset a period of time was 16.1 percent and the standard deviation of this asset for the period was 34.6 percent. Use the NORMDIST function in Excel ^(o+) to answer the following questions. a. What is the approximate probability that your money will double in value in a single year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 3 decimal places, e.g., 32.161 . b. What is the approximate probability that your money will triple in value in a single year?

A. 4.093

B. 0.00797821