Mutual fund earns +8%, –8%, +10% in successive years. What is the investor's overall return for the three years? return

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answerhappygod
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Mutual fund earns +8%, –8%, +10% in successive years. What is the investor's overall return for the three years? return

Post by answerhappygod »

Mutual fund earns +8%, –8%, +10% in successive years.
What is the investor's overall return for the three years? return
is not the arithmetic mean. Please show the calculation
process.
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