>Is this what you're looking for??
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http://en.wikipedia.org/wiki/Rate_of_return#Average_annual_total_return_.28geometric.29>
>>A maths / finance question; If I know an investment returned 250%, for example, over 5 years how do I calculate the annualized return over those 5 years? In Excel the formula is (I've been told) XIRR() but what is the algorithm?
Thanks Victor.
In the End, we will remember not the words of our enemies, but the silence of our friends - Martin Luther King, Jr.
