An investor invests in a new fund. The fund averages 20% growth annually for the first three years, but it loses 25% of its value in the fourth year. At the end of four years, the value of the fund is approximately what percent of the original amount?	Choose the correct choice from the following:  A) 135.7%  B) 129.6%  C) 123.5%  D) 117.4%  E) 112.6%
0.75*1.2^3 = 1.296   The answer is 129.6%.
<result>B</result>
An investor invests in a new fund. The fund averages 20% growth annually for the first three years, but it loses 25% of its value in the fourth year. At the end of four years, the value of the fund is approximately what percent of the original amount?