The table below includes beginning and ending data for the Dow Jones, NASDAQ, and the S&P...

 

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The table below includes beginning and ending data for the Dow Jones, NASDAQ, and the S&P 500. You are to find the average annual return for each stock index. If you had $1,000 dollars to invest in each index on January 1, 2016, what would your investment balance be as of December 31, 2022 for each stock index? Index Dow Jones NASDAQ S&P 500 12/31/15 17,823.07 5,007.41 2,043.94 12/31/22 34,086.04 11,584.55 4,076.60 The table below includes beginning and ending data for the Dow Jones, NASDAQ, and the S&P 500. You are to find the average annual return for each stock index. If you had $1,000 dollars to invest in each index on January 1, 2016, what would your investment balance be as of December 31, 2022 for each stock index? Index Dow Jones NASDAQ S&P 500 12/31/15 17,823.07 5,007.41 2,043.94 12/31/22 34,086.04 11,584.55 4,076.60

Answer rating: 100% (QA)

To calculate the average annual return for each stock index well use the formula for annualized retu... View the full answer