Question: HELLO PLEASE SHOW ALL STEPS AND WORK. IF THERE IS A FORMULA PLEASE INCLUDE IT. PLEASE NO HANDWRITING, PRINT CLEARLY. I WILL GIVE THUMBS UP

HELLO PLEASE SHOW ALL STEPS AND WORK. IF THERE IS A FORMULA PLEASE INCLUDE IT. PLEASE NO HANDWRITING, PRINT CLEARLY. I WILL GIVE THUMBS UP FOR HELP. THANK YOU.

Good years are followed by equally bad years for a mutual fund. It earns +8%, 8%, +12%, and 12% in successive years. What is the investor's overall return for the four years?

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