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What is the ending value of corresponding real wealth index

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Question - Suppose that a large stock index has the following annual real returns over the next seven years.

Year 1: 19%

Year 2: 19.5%

Year 3: -15%

Year 4: 17.1%

Year 5: 6.3%

Year 6: 9.3%

Year 7: 4%

Assuming a representative initial dollar is invested in this index, what is the ending value of the corresponding real wealth index after 7 years?

Reference no: EM132714463

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