Total compound return


Problem:

An investment earns 35% the first year, earns 40% the second year, and loses 39% the third year. The total compound return over the 3 years was ______.

  • 162.71%
  • 5.10%
  • 15.29%
  • 36.00%

Note: Show all workings.

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Accounting Basics: Total compound return
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