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?
$\begin{array}{ccr}
\text { Time } & \text { Investment } & \text { Return } \
0 & \$ 5,500 & 8.5\% \
1 & \$ 2,000 & -5.0\% \
2 & \$ 2,600 & 4.5\% \
3 & \$ 3,000 & 9.0\% \
4 & \$ 900 & -2.5\%
\end{array}$

A)1.5%
B)1.8%
C)2.0%
D)2.2%
E)2.6%

Question

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?
$\begin{array}{ccr}
\text { Time } & \text { Investment } & \text { Return } \
0 & \$ 5,500 & 8.5\% \
1 & \$ 2,000 & -5.0\% \
2 & \$ 2,600 & 4.5\% \
3 & \$ 3,000 & 9.0\% \
4 & \$ 900 & -2.5\%
\end{array}$

A)1.5%
B)1.8%
C)2.0%
D)2.2%
E)2.6%

Quizplus · Accepted Answer

The Answer of 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?
$\begin{array}{ccr}
\text { Time } & \text { Investment } & \text { Return } \
0 & \$ 5,500 & 8.5\% \
1 & \$ 2,000 & -5.0\% \
2 & \$ 2,600 & 4.5\% \
3 & \$ 3,000 & 9.0\% \
4 & \$ 900 & -2.5\%
\end{array}$

A)1.5%
B)1.8%
C)2.0%
D)2.2%
E)2.6%

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