Exercise $3-29$ Algo

The returns from an investment are $73$

Exercise $3-29$ Algo

The returns from an investment are $2\%$ in Year $1,5\%$ in Year $2,$ and $21\mathrm{.}8\%$ in the first half of Year $3.$ Calculate the annualized return for the entire period. $($Round your intermediate calculations to at least $4$ decimal places and final answer to $2$ decimal places.$)$

Answer is complete but not entirely correct.

Annualized return

$12\mathrm{.}28$in Year $1\mathrm{.}5\%$ in Year $2,$ and $21\mathrm{.}8\%$ in the first helf of Year $3.$ Calculate the annua ized returri for the contire pericd. $($Round your, intermpdiate calculations to at ieast $4$ decimal places and final answer to $2$ decimal places.$)$

Answer is complete but not entireiy correct.

Avraticed retum

$12\mathrm{.}251s$