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B C D E F TABLE 1 Yearly Return % Annual Growth factor Year 1 A 1 Geometric series & Investment Return 2 3 Consider

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B C D E F TABLE 1 Yearly Return % Annual Growth factor Year 1 A 1 Geometric series & Investment Return 2 3 Consider an investment with yearly returns in 6 consecutive years as below: 4 -3%, 4%, -5%, 6%, -5% and 6%. 5 (a) List the growth factors for the individual years in TABLE 1 on the right 6 7 (b) Complete TABLE 2, with Overall growth factor, Average Annual Growth factor, and Average Annual return % 8 9 SHOW THE CALCULATIONS IN EXCEL 10 11 12 13 14 15 3% 4% -5% 6% Year 2 Year 3 Year 4 Year 5 Year 6 -5% 6% TABLE 2 OVERALL Growth Factor Average Annual Growth Factor Average Annual Return %

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