What was the growth rate for roger investment

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Roger invested in the DWJ Pacific Growth Mutual Fund at the end of 2008. At the end of 2009, the value of his holdings was $1,700, and he calculated that his investment had grown 2.9%. In 2010, the DWJ Fund lost -1.4%. At the end of 2011, Roger calculated that his 3 year average annual return was 4.1%. In January 2012, the DWJ Fund grew at a rate of 0.8%.

Problem 1: What was the growth rate for Roger's investment in 2011?

Reference no: EM132759522

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