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.)
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.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
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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