Answer Happy

Posted: **Wed Apr 06, 2022 9:01 am**

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.

Answer Happy

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

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