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John Began His Investing Program with a $5,500 Initial Investment

Question 29

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John began his investing program with a $5,500 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?
John began his investing program with a $5,500 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? A) 1.5 percent B) 1.8 percent C) 2.0 percent D) 2.2 percent E) 2.8 percent


A) 1.5 percent
B) 1.8 percent
C) 2.0 percent
D) 2.2 percent
E) 2.8 percent

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