Question: could you please answer using excel formulas. A good stock-based mutual fund should earn at least 10% per year over a long period of time.

could you please answer using excel formulas.

could you please answer using excel formulas. A good stock-based mutual fund

A good stock-based mutual fund should earn at least 10% per year over a long period of time. Consider the case of Barney and Lynn, who were overheard gloating (for all to hear) about how well they had done with their mutual fund investment. "We turned a $25,000 investment of money in 1997 into $100,000 in 2022." What return (interest rate) did they really earn on their investment? Should they have been bragging about how investment-savvy they were? ( 2 decimal places) %

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