Page 1 of 1

Isabella invested in a stock for five years. The annual return over the past five years were: 14.6%, 17.4%, 23.6%, 26.6%

Posted: Wed May 18, 2022 11:56 pm
by answerhappygod
Isabella invested in a stock for five years. The annual return
over the past five years were: 14.6%, 17.4%, 23.6%, 26.6%, and
-8.9%, 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
in the answer box. DO NOT write 8.7 in the box as you will be
marked wrong).