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Jeanette Invested $12,000 Four Years Ago

Question 62

Multiple Choice

Jeanette invested $12,000 four years ago. Her arithmetic average return on this investment is 8.72 percent, and her geometric average return is 8.31 percent. What is Jeanette's portfolio worth today?


A) $13,989
B) $14,203
C) $16,409
D) $16,514
E) $16,766

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