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October 25, 2014

October 25, 2014

Posted by **gaile** on Monday, December 15, 2008 at 9:30pm.

urgent response need please

- business/math -
**Reiny**, Monday, December 15, 2008 at 11:29pmnot sure what you mean by "average geometric return", do you want the average compound interest rate?

if so...

45389 = 8500(1+i)^8

5.3398824 = (1+i)^8

1+i = 1.23938

i = .23938 = 23.938%

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