Isabella invested in a stock for five years. The annual return over the past five years were: 17.0%, 24%, 20%, 29.8%, an
Posted: Wed May 18, 2022 11:49 pm
Isabella invested in a stock for five years. The annual return over the past five years were: 17.0%, 24%, 20%, 29.8%, and 15.4%, respectively. What was her average annualized rate of return over the past five years? /Note: Round your answer to 3 decimal places. For example, if your answer is 87%, you should write 0.087 in the answer box. DO NOT write 8.7 in the box as you will be marked wrong!