Over the next five years the wealth manager has returns of


You invest $50,000 with a wealth manager on December 31, 2015. Over the next five years, the wealth manager has returns of 27%, 12%, (-17%), (-4%) and 31%. Assuming there are no fees (BIG ASSUMPTION), how much will your initial investment be worth at the end of the fifth year?

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Finance Basics: Over the next five years the wealth manager has returns of
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