Essay
2-Year Investment Suppose you make a 2-year investment of $5,000 and it grows by 100% to $10,000 during the first year.During the second year,however,the investment suffers a 50% loss,from $10,000 back to $5,000.
-{2-Year Investment Narrative} Calculate the geometric mean.
Correct Answer:
Verified
Correct Answer:
Verified
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