Question: how to answer this in excel (5) Suppose that you initially invested $10,000 in the Stivers mutual fund and $5,000 in the Trippi mutual fund.
how to answer this in excel
| (5) Suppose that you initially invested $10,000 in the Stivers mutual fund and $5,000 in the Trippi mutual fund. The value of each investment at the end of each subsequent year is provided in the table: | ||||||||||
| Year | Stivers ($) | Trippi ($) | ||||||||
| 1 | 11,000.00 | 5,600.00 | ||||||||
| 2 | 12,000.00 | 6,300.00 | ||||||||
| 3 | 13,000.00 | 6,900.00 | ||||||||
| 4 | 14,000.00 | 7,600.00 | ||||||||
| 5 | 15,000.00 | 8,500.00 | ||||||||
| 6 | 16,000.00 | 9,200.00 | ||||||||
| 7 | 17,000.00 | 9,900.00 | ||||||||
| 8 | 18,000.00 | 10,600.00 | ||||||||
| Which of the two mutual funds performed better over this time period? | ||||||||||
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