Isabella invested in a stock for five years. The annual return over the past five years were: 29.5%, 38.5%, 38.1%, -4.5%

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answerhappygod
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Isabella invested in a stock for five years. The annual return over the past five years were: 29.5%, 38.5%, 38.1%, -4.5%

Post by answerhappygod »

Isabella invested in a stock for five years. The annual return
over the past five years were: 29.5%, 38.5%, 38.1%, -4.5%, and
34.1%, 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 8.7%, you should write
0.087
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