You invest $100 at the beginning of 2011.

- One year later to the day, you add $20 to the account because of the stellar performance during 2011.

- Another year later, on January 1, 2013, you add another $60 to the account.

- and at the end of 2013 you're buying a house and you take $150out of the account.

- You're liquidating the account at the end of 2014

What was the IRR of this investment if the returns during the 4 year period were as follows? 2011: 35.23% 2012: 18.67% 2013: 9.87% 2014: 22.45% The IRR on this investment is ________.

Question 13 options:

	12.45%
	6.44%
	9.31%
	7.11%
	10.88%