compute total /annual returns on the following investment. 5 years after purchasing shares in mutual fund for $7200, shares sold for $11,500. the total return ______% the annual return is _____%

Answer 1

Total Return = ($11500 - $7200) / $7200 = 59.72%

Annual Return = (1 + .5972) ^ (365 / (365*5)) - 1 = 9.82%