Roger invested in the DWJ Pacific Growth Mutual Fund at the end of 2008. At the end of 2009, the value of his holdings was $1,700, and he calculated that his investment had grown 2.9%. In 2010, the DWJ Fund lost -1.4%. At the end of 2011, Roger calculated that his 3 year average annual return was 4.1%. In January 2012, the DWJ Fund grew at a rate of 0.8%.

What was the growth rate for Roger's investment in 2011?

Answer rating: 100% (QA)

To calculate the growth rate for Rogers investment in 2011 we need to find the value of his hol... View the full answer