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1 . Over the past three years, you earned $ 1 5 K , $ 2 5 K , and $ 1 7 k .

1. Over the past three years, you earned $15K, $25K, and $17k. What was your average income?
2. Over the past three years, you earned 15%,-25%, and 5% interest. What was your average interest?
3. Your portfolio consists in stock of equal shares in three companies with a price to earnings (P/E) ratio of 5,10, and 15. What is the average P/E of your portfolio? Please answer each question with an explanation. The answers are 1.19K 2.-3%,3.8.18) in order. Thanks!

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