A mutual fund reported the following annual returns: 8%, -3%, 21%, 10%, and 12%.
What compound rate of return did it earn over the five-year period? What was its
annualized compound rate of return?

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The Answer of A mutual fund reported the following annual returns: 8%, -3%, 21%, 10%, and 12%.
What compound rate of return did it earn over the five-year period? What was its
annualized compound rate of return?

A Mutual Fund Reported the Following Annual Returns: 8%, -3