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Ten annual returns are listed in the following table: 19.8 % 16.1 % 17.9 % 49.9 % 43.9 % 1.1 % 16.9 % 45.6 %
Ten annual returns are listed in the following table:
19.8 % | 16.1 % | 17.9 % | 49.9 % | 43.9 % | 1.1 % | 16.9 % | 45.6 % | 44.8 % | 3.5 % |
a. What is the arithmetic average return over the 10-year period? (Round to four decimal places.)
b. What is the geometric average return over the 10-year period? (Round to four decimal places.)
c. If you invested $100 at the beginning, how much would you have at the end?
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