Over a 48-year period an asset had an arithmetic return of 12.00 percent and a geometric return of 9.90 percent.

Using Blumes formula, what is your best estimate of the future annual returns over 9 years? 14 years? 24 years?(Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places (e.g., 32.16).)

Future annual returns
9 years	%
14 years	%
24 years	%