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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

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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 given below. DULL FUND OR LIVELY FUND Dull Fund Lively Fund Year 2011 2012 2013 2014 2015 2 3 4 return return 8.00% 5.20% 4.30% 3.30% 11 .50% 14.50% -20.00% 42.50% 14.00% 6 7 9Average retum 5.56% 6.70% AVERAGE(C3:C7)

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