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The following data is provided for the S&P 500 index: YearTotal ReturnYearTotal Return198816.81%199828.58%198931.49%199921.04%1990-3.17%2000-9.11%199130.55%2001-11.88%19927.67%2002-22.10%19939.99%200328.70%19941%200410.87%199537.43%20054.91%199623.07%200615.80%199733.36%20075.49% Refer to the information above. Calculate the 20-year geometric average annual rate

The following data is provided for the S&P 500 index:

YearTotal ReturnYearTotal Return198816.81%199828.58%198931.49%199921.04%1990-3.17%2000-9.11%199130.55%2001-11.88%19927.67%2002-22.10%19939.99%200328.70%19941%200410.87%199537.43%20054.91%199623.07%200615.80%199733.36%20075.49%

Refer to the information above. Calculate the 20-year geometric average annual rate of return on the S&P 500 Index

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