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What were the total and annual returns

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Question - One December, a 101-year-old woman died and left $25 million to a university. This fortune was accumulated through shrewd and patient investment of a $4000 nest egg over the course of 55 years. In turning $4000 into 25 million, what were the total and annual returns? How did her annual return compare to the 6.3% average annual return for stocks?

Reference no: EM132149625

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