Question: Compute the geometric mean ( return ) and the final balance after 5 years on a $ 1 , 2 0 0 investment using the

Compute the geometric mean (return) and the final
balance after 5 years on a $1,200 investment using the
following information: (Year 4 is Negative 18%)
3A. What is the average rate of return for this investment
over the 5 years? (convert to % and round to 3 decimal
places - example 12.063%)
3B. If you invested 1,200 at the beginning, how much
would your investment be worth after 6 years (round to the
nearest penny (example -$1,607.45)?
(C) Chris
O'Byrne 2024)
Tuition in year 1 were $15,700 and after 4 years of
growth, tuition were $24,800. What is the average growth
rate (geometric mean) over this 4-year period of time?
(convert to % and round to 3 decimal places - example
12.063%
 Compute the geometric mean (return) and the final balance after 5

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