portfolio

Matt manages an investment portfolio. In Year 1 , the portfolio's value increases 10%. In Year 2, the portfolio's value decreases 10\%. The same pattern occurs in Years 3 and 4 : the portfolio increases 10% then decreases 10%, respectively. Which of the following best approximates the total return on (increase or decrease in the value of) Matt's investment portfolio over this 4 year span? +1% +2% 2% 1% 0%