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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.) - 19.3%

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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.) - 19.3% 16.5% 17.7% -49.3% 43.4% 44.7% 1.7% - 16.8% 45.9% -3.89% a. What is the arithmetic average return over the 10-year period? -? c. If you invested $100 at the beginning, how much would you have at the end? a. What is the arithmetic average return over the 10-year period? The arithmetic average return over the 10-year period is % (Round to two decimal places.) b. What is the geometric average return over the 10-year period? To find the geometric average retum, use the following formulas. First find the future value of investing $1 today, using the following formula: FV=51*((1+R4) *(1+R2) ***** (1+RT)) Then use the following formula and solve for R: FV-S1 x (1 + R) 10 The geometric average return, R. over the 10-year period is %. (Round to four decimal places.) 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 $ . (Round to the nearest cent.)

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