(Solved): Compute the geometric mean (return) and the final balance after 5 years on a $2,000 investment usi ...

Compute the geometric mean (return) and the final balance after 5 years on a $\$2,000$ investment using the following information: (Year 3 is Negative 10\%) 3A. What is the average rate of return for this investment over the 5 years? (convert to \% and round to 3 decimal places - example $12.063\%$ ) 3B. If you invested $\$2,000$ at the beginning, how much would your investment be worth after 5 years (round to the nearest penny (example $?\$1,607.45$ )? Sales in year 1 were $\$1,350,000$ and after 6 years of growth, sales were $\$7,000,000$. What is the average growth rate (geometric mean) over this 6-year period of time? (convert to \% and round to 3 decimal places - example $12.063\%$ )