An investment earns 10% the first year, 15% the second year and loses 12% the third year.

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An investment earns 10% the first year, 15% the second year and loses 12% the third year. Your total compound return over the three years was?

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Question Posted: Apr 17, 2012 06:52 AM

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An investment earns 10% the first year, 15% the second year and loses 12% the third year.

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Income Tax Fundamentals 2013

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