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Ten annual returns are listed in the following table: ( Click on the following icon in order to copy its contents into a spreadsheet. )

Ten annual returns are listed in the following table:(Click on the following icon in order to copy its contents into a spreadsheet.)
negative 19.5%
16.2%
18.3%
negative 49.3%
43.9%
1.2%
negative 16.5%
45.8%
44.7%
negative 3.1%
a. What is the arithmetic average return over the10-year period?
b. What is the geometric average return over the10-year period?
c. If you invested $100 at the beginning, how much would you have at the end?
Question content area bottom
Part 1
a. What is the arithmetic average return over the10-year period?
The arithmetic average return over the10-year period is
enter your response here%.(Round to two decimal places.)
Part 2
b. What is the geometric average return over the10-year period?
To find the geometric average return, use the following formulas.
First find the future value of investing $1 today, using the following formula:
FV equals $ 1 times left parenthesis left parenthesis 1 plus Upper R 1 right parenthesis times left parenthesis 1 plus Upper R 2 right parenthesis times times times times times left parenthesis 1 plus Upper R Subscript Upper T right parenthesis right parenthesis
Then use the following formula and solve for R:
FV equals $ 1 times left parenthesis 1 plus Upper R right parenthesis Superscript 10
The geometric average return, R, over the10-year period is
enter your response here%.(Round to four decimal places.)
Part 3
c. If you invested $100 at the beginning, how much would you have at the end?
If you invested $100 at the beginning, at the end you would have $
enter your response here. (Round to the nearest cent.)

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