Calculating the Annual Return on Investment Trusts
Author: naonestlyExecutions: 68625
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Calculates the investment return (annual rate) based on the cumulative purchase amount and total return of an investment trust.
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| Number of years elapsed | Year |
| Yield on Investment (Annual Rate) | % |
Note: The calculation of elapsed years does not account for variations in the number of days per month (calculated by treating 1 day as 1/365.2422 years).
Therefore, when the elapsed period is short (particularly a few months that include February), the error in the annual interest rate will be significant.
Therefore, when the elapsed period is short (particularly a few months that include February), the error in the annual interest rate will be significant.
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