You started your investment with an opening deposit of $1,000. Your portfolio grew as follows: Beg Year...

You started your investment with an opening deposit of $1,000. Your portfolio grew as follows:

Beg Year 1	Beg Year 2	Beg Year 3	Beg Year 4	Beg Year 5	EndYear 5
$1,000	$1,074	$1,201	$1,109	$1,175	$1,214

What was your average return? (Arithmetic average)
What was your actual return? (Geometric average)
Use the TVOM to calculate the Rate (R) using the End year 5 as your Future Value.

PLEASE SHOW HOW THIS IS DONE IN EXCEL

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Expert Solution

Please refer to below spreadsheet for calculation and answer. Cell reference also provided.

Cell reference -

jeff jeffy answered 4 days ago

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