You begin to track the performance of your 401k plan. Assuming you started with $50,000....
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Accounting
You begin to track the performance of your 401k plan. Assuming you started with $50,000. At the end of year 1 your investments returned 10%. At the end of year 2, your investments returned -10%. Answer the following questions assuming you made no contributions or withdrawals during this period:
b) What is the total geometric return over the 2-year period?
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