Hello,
I need some help with my maths.
I starting putting € 250 per month into a fund. I have been doing this for 13 months - € 3,250 in total. The fund is now worth € 4,100. I am trying to work out the annualised return.
I realise the fund has grown by 26% in simple terms but this does not take into account the timing of the monthly contributions.
Any answers ?
I need some help with my maths.
I starting putting € 250 per month into a fund. I have been doing this for 13 months - € 3,250 in total. The fund is now worth € 4,100. I am trying to work out the annualised return.
I realise the fund has grown by 26% in simple terms but this does not take into account the timing of the monthly contributions.
Any answers ?