Percent Profit Question

Wondering what industry practice is regarding this question:

I run my own fund with my own money. On Jan 1st I begin with $100 and 6 months later I make $20 profit. I then add in another $100 of my own money (so July 1st I now have $220). In the remaining 6 months of the year I make $50 profit. What's my annualized return for the year?

Thanks

3 Comments
 

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