You invested $6,000 six years ago. The arithmetic average return on your investment is 9.3 percent and the geometric average return is 9.57 percent. What is the value of your portfolio today?
A)$10,092
B)$10,382
C)$10,899
D)$10,947
E)$11,195

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The Answer of You invested $6,000 six years ago. The arithmetic average return on your investment is 9.3 percent and the geometric average return is 9.57 percent. What is the value of your portfolio today?
A)$10,092
B)$10,382
C)$10,899
D)$10,947
E)$11,195

You Invested $6,000 Six Years Ago