Question
Calculate the return on the investment with the returns given below using the method that is most appropriate for reporting purposes, then choose the correct
Calculate the return on the investment with the returns given below using the method that is most appropriate for reporting purposes, then choose the correct answer.
| Year | Return |
|---|---|
| 1 | 4% |
| 2 | 2% |
| 3 | -6% |
| 4 | 1% |
| 5 | -2% |
Multiple Choice
-
-1.00%
-
-0.20%
-
-0.26%
-
-1.30%
-
-1.40%
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Calculus
Authors: Ron Larson, Bruce H. Edwards
10th Edition
1285057090, 978-1285057095
