Jim began his investing program with a $4000 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?
A) 0.5 percent
B) 0.8 percent
C) 1.0 percent
D) 1.2 percent
E) 1.5 percent

Question

Jim began his investing program with a $4000 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? 
A) 0.5 percent 
B) 0.8 percent 
C) 1.0 percent 
D) 1.2 percent 
E) 1.5 percent

Quizplus · Accepted Answer

The Answer of Jim began his investing program with a $4000 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? 
A) 0.5 percent 
B) 0.8 percent 
C) 1.0 percent 
D) 1.2 percent 
E) 1.5 percent

Jim Began His Investing Program with a $4000 Initial Investment