6.8%

  1. B

    Calculate AACR without needing to add 1 to each annual percentage

    Consider $100 invested for three years with the following returns: <tbody> <tbody> Initial investment $100.00 Return in Year One 6.8% 106.8% Return in Year Two -3.0% 97.0% Return in Year Three 10.6% 110.6% Terminal Value $ 114.58 4.64% <== AACR </tbody> The values in Column C...

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