Average Return The past five monthly returns for K and Company are 4.25 percent,4.13 percent,-2.05 percent,3.25 percent,and 7.25 percent.What is the average monthly return?
A)1.403 percent
B)1.744 percent
C)3.366 percent
D)4.186 percent

Question

Quizplus · Accepted Answer

The average monthly return is calculated by summing all the monthly returns and dividing by the number of months: (4.25 + 4.13 - 2.05 + 3.25 + 7.25) / 5 = 3.366 percent.

Average Return the Past Five Monthly Returns for K and Company