Over the past 3 years, your stock fund earned returns of 10%, -8%, and 12%.  If you initially put $1,000 into the account, how much do you have today?   Assume no other deposits, withdrawals, fees, etc...

Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter2: Descriptive Statistics
Section: Chapter Questions
Problem 17P: Suppose that you initially invested 10,000 in the Stivers mutual fund and 5,000 in the Trippi mutual...
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Over the past 3 years, your stock fund earned returns of 10%, -8%, and 12%.  If you initially put $1,000 into the account, how much do you have today?   Assume no other deposits, withdrawals, fees, etc... 

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