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 then dividing by the number of months. So, (4.25 + 4.13 - 2.05 + 3.25 + 7.25) / 5 = 16.83 / 5 = 3.366 percent.

The Past Five Monthly Returns for K and Company Are