Your portfolio had the values in the table below for the four years listed. There were no withdrawals or contributions of new funds to the portfolio. Calculate your average return over the​ 4-year period. ​(Click on the icon here    in order to copy its contents of the data table below into a​ spreadsheet.)     Beginning Value Ending Value 2016 ​$60,618   ​$55,518   2017 55,518   64,938   2018 64,938   68,984   2019 68,984   70,380     The return for 2016 is enter your response here​%. ​ (Round to one decimal​ place.)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Your portfolio had the values in the table below for the four years listed. There were no withdrawals or contributions of new funds to the portfolio. Calculate your average return over the​ 4-year period. ​(Click on the icon here
  
in order to copy its contents of the data table below into a​ spreadsheet.)
 
 
Beginning Value
Ending Value
2016
​$60,618
 
​$55,518
 
2017
55,518
 
64,938
 
2018
64,938
 
68,984
 
2019
68,984
 
70,380
 

 

The return for

2016

is

enter your response here​%.

​ (Round to one decimal​ place.)

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