Question

the returns from an investment are 3% in Year 1, 7% in Year 2, and 16.8%...

the returns from an investment are 3% in Year 1, 7% in Year 2, and 16.8% in Year 3. Calculate the annualized return for the entire period. Round your answer to four decimal places and express as a percent. Do NOT include the percent sign in your answer. For example, if I got .3479642 for my answer, I would round it to .3480, which is 34.8%. I would type 34.8 in the answer space.

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