"he Investment Research Institute reported in its Mutual Fund Fact Book that the number of mutual funds increased from 5,810 in 999 to 8,001 in 2009. What is the geometric mean annual percent increase in the number of funds? Multiple Choice 1.033

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The Investment Research Institute reported in its Mutual Fund Fact Book that the number of mutual funds increased from 5,810 in
1999 to 8,001 in 2009. What is the geometric mean annual percent increase in the number of funds?
Multiple Choice
1.033
609.5
68.47
38.02
Transcribed Image Text:The Investment Research Institute reported in its Mutual Fund Fact Book that the number of mutual funds increased from 5,810 in 1999 to 8,001 in 2009. What is the geometric mean annual percent increase in the number of funds? Multiple Choice 1.033 609.5 68.47 38.02
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