Using this formula..
r=(S/P)^1/n - 1
An investment of $10,000 in the Emerging Country Debt Fund in 2001 was worth $24,780 in 2006 (www.money.com). Use the formula above to find the 5 year average annual return.
r equals S over P to the power of 1/n minus 1© BrainMass Inc. brainmass.com October 10, 2019, 2:00 am ad1c9bdddf
Find the 5 year average annual return.