Average Return The past five monthly returns for Kohls are 4.11 percent, 3.62 percent, 2 1.68 percent, 9.25 percent, and 22.56 percent. What is the average monthly return?

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter1: Understanding Personal Finance
Section1.4: Perform Time Value Of Money Calculations
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Average Return The past five monthly returns for Kohls are 4.11 percent, 3.62 percent, 2 1.68
percent, 9.25 percent, and 22.56 percent. What is the average monthly return?
Transcribed Image Text:Average Return The past five monthly returns for Kohls are 4.11 percent, 3.62 percent, 2 1.68 percent, 9.25 percent, and 22.56 percent. What is the average monthly return?
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