Calculating rate of return
Assume you had a portfolio where you made a monthly deposit. Say you started at 0 and deposited $100/month for 6 months, then $300/month for 6 more months. At the end, you've deposited $600+$1800= $2400. You check your account and the portfolio is now worth $2600. How would you calculate rate of return?
I swear, its not a homework question. I am just trying to see how my guy is doing.
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