Quantitative reasoning
Suppose a man invested $300 at the end of 1900 in each of thrae funds that tracked the averages of stocks, bonds, and cash, respectively. Assuming that his investments arew at the rates diven in the table to the right. approximatelv how much would each investment have been worth at the end of 2010?
Category Average annual return:
Stocks: 6.7%
Bonds: 1.8%
Cash: 0.7%
His investment in the fund tracking stocks would be worth approximately $__
Don't round til the final answer then round to two decimal places as needed
This is a 3 part question :( please help!
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Mathe
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The answer is accepted.
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