Two investors, Investor Buffet has annual return of 20% every year. Investor Smart has annual return of 60%, -20% in alternative years. They have the same arithmetic mean return of 20% a year. They have $1 to start with. How much dollars do Buffet and Smart have individually after 60 years?

Answer rating: 100% (QA)

After 60 years Investor Buffet will have 5634751 and Investor Smart will have 164550 To calculate th... View the full answer