John began his investing program with a $6,500 initial investment. The table below recaps his returns each year as well as the amounts he added to his investment account. What is his dollar-weighted average return?

Time	Investment			Return
0	$	6,500			7.5	%
1	$	2,500		-	4.0	%
2	$	3,100			5.0	%
3	$	3,000			8.0	%
4	$	800		-	1.5	%

rev: 01_24_2020_QC_CS-197018

Multiple Choice

• 2.8 percent

• 1.5 percent

• 1.8 percent

• 2.2 percent

• 2.0 percent