Questions to respond to based on the below table/information. Please explain it thoroughly and by using formulas without the excel spreadsheet. Please note this is the only information given.

(a) How can you verify the Investment value in 2019 for Australian Shares? Why is your calculated figure not exactly equal to the tabulated figure? (b) Assuming the same Per annum returns continue in the future, what is the Investment Value in Australian shares in 2029? 2049? (c) Confirm the present value for two different asset classes in 1989 equals $10,000. (d) What might explain the difference in Per annum returns across the asset classes?

The following is an excerpt from From $10,000 to $146,337 in 30 years . . . dated 06/08/2019:

$10,000 Investment in 1989	Investment value in 2019	Per annum returns
Australian Shares	$146,337	9.4%
US Shares	$186,551	10.3%
Listed Property	$139,744	9.2%
Australian Bonds	$105,787	8.2%
International Shares	$80,382	7.2%
Cash	$51,896	5.6%