An investor opens an investment account with $10,000.

Exactly six months later the account pays a distribution of 100, which is reinvested and immediately after the reinvestment the balance is $17,000.

Exactly six months after that (i.e., exactly one year after the account was opened), the investor deposits $887 and the balance immediately after the deposit is $16,000.

Exactly one year later (i.e., exactly two years after the account was opened), the investor withdraws $17,000 and there is $400 left in the account.

What is the annualized time-weighted return (i.e., CAGR)? Make sure to calculate intermediate steps out to more accuracy than for which the final answer is requested (also any exponent you use near.

Enter answer with 4 decimal places