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The following table gives the rate of return for a certain mutual fund for each of the last five years: Year Rate of Return 2013
The following table gives the rate of return for a certain mutual fund for each of the last five years:
| Year | Rate of Return |
| 2013 | -2% |
| 2014 | 14.1% |
| 2015 | -1.7% |
| 2016 | 14.1% |
| 2017 | 7.2% |
Compute the overall rate of return during this period.
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Cornerstones of Financial and Managerial Accounting
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
2nd edition
978-1111879044
