Is it? Because when you calculate it year by year and then do the comparison between the start and the end it gives me 7,168%

Let's say you have 100$ at the beginning, you lose 4% and you end up with 96$ then you lose another 3,3% but from that 96$ so you end up with 92,832$

The end result is losing 7,168$ from 100$ therefore -7,168%, maybe I do something wrong here but that seems right to me