7. (Average compounding rate) WindyRoad is an investment company which has two mutual funds. The WindyRoad Dull Fund invests in boring corporate bonds, and its Lively Fund invests in "high- risk, high- return" companies. The returns for the two funds in the 5- year period 2011- 2015 are givenbelow:

a. Suppose you had invested $100 in each of the two funds at the begin-ning of 2011. How much would you have at the end of2015?

b. What was the effective annual interest rate (EAIR) paid by each of the funds over the 5- year period 2011- 2015? c. Is there a conclusion you can draw from this example?

c. Is there a conclusion you can draw from this example?

Please use excel and show formulas.