During 2008 the S&P 500 index depreciated by 37.6%.† Assuming that this trend had continued, how much would a $4,000 investment in an S&P index fund have been worth after 7 years? (Round your answer to the nearest cent.)

During 2008 the S&P 500 index depreciated by 37.6%.† Assuming that this trend had continued, how much would a $4,000 investment in an S&P index fund have been worth after 7 years? (Round your answer to the nearest cent.)

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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