If I invested in Citibank stock at it's lowest at the end of 2008 or beginning of 2009, how much would my return be today on a $10,000 investment?
Suppose that your investments earn an 8% rate of return. Today is January 1, 2015. On the first day of the years 2015, 2016, and 2017, you receive $10,000. How much money will you have on January 1, 2018?