You have funds invested in a mutual fund of S&P 500 stocks. Over the last 5 years, the annual percent returns of the S&P 500 are 19.85%, 6.57%, 29.21%, 16.59%, and 14.82%.

You have funds invested in a mutual fund of S\&P 500 stocks. Over the last 5 years, the annual percent returns of the S\&P 500 are 19.85%,6.57%,29.21%,16.59%, and 14.82%. What is the average annual percent return on the S\&P 500 stocks over the last 5 years? Note: Round your answer to 2 decimal places