Ten annual returns are listed in the following table:

19.9%

16.8%

18.2%

49.5%

43.9%

1.9%

16.1%

46.2%

44.5%

3.8%

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?