Please solve the problem like the example below

Assume an investor deposits $114,497 in a professionally managed account. One year later, the account has grown in value to $135,238 and the investor withdraws $25,689. At the end of the second year, the account value is $98,867. No other additions or withdrawals were made. Calculate arithmetic average of holding period returns during years 1 and 2. Round the answer to two decimals in percentage form. Please write % sign in the units box. Your Answer: Assume an investor deposits $112,986 in a professionally managed account. One year later, the account has grown in value to $132,070 and the investor withdraws $33,900. At the end of the second year, the account value is $94,129. No other additions or withdrawals were made. Calculate arithmetic average of holding period returns during years 1 and 2. Round the answer to two decimals in percentage form. Please write % sign in the units box. Your Answer: Step 1 Calculate portfolio holding period return during year 1: [($132,070 -$33,900) - $112,986 + $33,900]/$112,986 =($132,070 - $112,986)/$112,986 = 16.89% Step 2: Calculate portfolio holding period return during year 2: ($94,129 - ($132,070 -$33,900))/($132,070 -$33,900) = ($94,129 - ($98,170))/($98,170) = -4.12% Step 3: Calculate the arithmetic average over 2 years: [16.89% + (-4.12%) ]/2 = 6.39%