68340 | Here is the investment example.
60,000 invested for 6.1589 years.
70,000 was invested later, so the length of time the 70,000 was investment was 5.3863 years.
So a total of 130,000 was invested
After all fees subtracted current value is now 196,147.58. A gain of 66,147.58
I do not know how to determine rate of return on this investment because (1) different amounts put in (2) each amount was in for a different length of time.
Could someone show me how to do this. I have other investments I would also like to calculate where there amounts added several times over the investment life time. If I could see the written math I think I could apply it to these other investments. |