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Please show the full solution please and thank you and have a nice day! Roger invested in the DWJ Pacific Growth Mutual Fund at the
Please show the full solution please and thank you and have a nice day!
Roger invested in the DWJ Pacific Growth Mutual Fund at the end of 2008. At the end of 2009, the value of his holdings was $2,000, and he calculated that his investment had grown 4.4%. In 2010, the DWJ Fund lost -2.7%. At the end of 2011, Roger calculated that his 3 year average annual return was 4.0%. In the first month of 2012 (January), the DWJ Fund grew 1.8%. What was the growth rate for Roger's investment in 2011? # 0.0% growth (%) 4 5 7 SUBMIT ANSWER EXIT PS4 1 2 3 6 Shanghai Hng Kong, Tokyo 650 10.150 BA CALCULATED VARIABLES: value2010 = $1,946 2009growth = $84 initial = $1,916Step by Step Solution
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