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    5 year average annual return

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    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

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    Solution Summary

    Find the 5 year average annual return.

    $2.19