Determining the compound annual return


Over the past 4 years an investment returned 8%, 25%, 10%, and 15%. The compound annual return was:

Multiple Choice but show your work

(a) 14.3%

(b) 14.5%

(c) 15.1%

(d) 15.5%

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Finance Basics: Determining the compound annual return
Reference No:- TGS050149

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