Mathematics, 14.05.2021 20:00 kledi72

In 1999 your Aunt invested $5,000 in a Dow Jones index fund and $5,000 in a S&P 500 index fund. Twenty years later, she is looking to see how much these investments are worth. From 1999 to 2019 the S&P 500 averaged an increase of 5.90% and the Dow Jones averaged 7.03%. What was the total value of these investments in 2019?

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