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An investment earns the following rates of the return over a four-year period: Year 1:5% Year 2:10% Year 3:-10% Year 4:10% What annually compounded rate

An investment earns the following rates of the return over a four-year period:

Year 1:5%

Year 2:10%

Year 3:-10%

Year 4:10%

What annuallycompoundedrate of return did this investment earn?

A) 3.28%

B) 3.41%

C) 3.59%

D) 3.75%

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