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Ten annual returns are listed in the following table: 19.8% 16.6% 17.9% 49.3% 43.6% 1.3% 16.4% 45.5% 44.8% 3.6% a. What is the arithmetic average

Ten annual returns are listed in the following table:

19.8%

16.6%

17.9%

49.3%

43.6%

1.3%

16.4%

45.5%

44.8%

3.6%

a. What is the arithmetic 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?

(please answer all three parts)

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