Susan has an investment with the following annual returns the past four years: Year 1 17% Year

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Susan has an investment with the following annual returns the past four years:

Year 1 17%

Year 2 -6%

Year 3 5%

Year 4 13%

What is the geometric average return over this four year period?

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Mar 16, 2023 05:38 AM

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Susan has an investment with the following annual returns the past four years: Year 1 17% Year

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To find the geometric average return over a period of time we use the following formula G... View the full answer

Income Tax Fundamentals 2013

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