An investor invests in a new fund. The fund averages 20% growth annually for the first three years, but it loses 20% 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?  Pick one:	A) 119.45%	B) 129.56%	C) 138.24%	D) 141.92%	E) 145.36%
0.8*1.2^3 = 1.3824   The answer is 138.24%.
<result>C</result>
An investor invests in a new fund. The fund averages 20% growth annually for the first three years, but it loses 20% 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?