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Please show me steps on how to do this Ten annual returns are listed in the following table: -19.9% 16.6% 18.0% -50.0% 43.3% 1.2% -16.5%
Please show me steps on how to do this
Ten annual returns are listed in the following table: | |||||||||
-19.9% | 16.6% | 18.0% | -50.0% | 43.3% | 1.2% | -16.5% | 45.6% | 45.2% | -3.0% |
a. What is the arithmetric average return over the 10-year period? | |||||||||
b. What is the geometric average return over the 10-year period? | |||||||||
c. If you invested $100 at the beginning, how much would you have at the end? | |||||||||
a. | Arithmetric Average: | ||||||||
b. | Geometric Average: | ||||||||
c. | Final Value of $100 | ||||||||
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