A) Emma invested $32,000 into National Oilwell three years ago. National Oilwell value increased by -6.7%...

A) Emma invested $32,000 into National Oilwell three years ago. National Oilwell value increased by -6.7% in 2017, -5.7% in 2018 and 7.9% in 2019. what has been the geometric average rate of return in the past three years?

B) Ryan invested $24,000 into Berkshire Hathaway three years ago. Berkshire hataways value increased by -8.3% in 2017, 5.8% in 2018, and 7.6% in 2019. what is the difference in points, between his arithmetic and geometric average annual returns?

C) Ryan invested $18,000 into cerner three years ago. corners value increased by -7.3% in 2017, 10.3% in 2018, and -5.8% in 2019. what is the difference in basis points, between her arithmetic and geometric average annual rate of returns?

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jeff jeffy answered 1 year ago

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