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ames invested $1,000 in large U.S. stocks at the beginning of 2012. This investment earned 15.00...

ames invested $1,000 in large U.S. stocks at the beginning of 2012. This investment earned 15.00 percent in 2012, 30.00 percent in 2013, 11.00 percent in 2014, and 1.00 percent in 2015. What return did he earn in the average year during the 2012–2015 period? (Round answer to 2 decimal places, e.g. 1.52.)

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Return earned in the average year

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solution : 20%+ 30.00%t 11.00%) +1.00 1. = 57/4 = 14.25 Hence the Cossect anwes is 14.966% * please date *

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