19.3% 16.9% 18.5% - 49.9% 43.1% 1.9% - 16.9% 46.3% 45.3% - 3.2% a. What is the arithmetic average return over the 10-year period? b. What is the geometric average return over the 10-year period?
19.3% 16.9% 18.5% - 49.9% 43.1% 1.9% - 16.9% 46.3% 45.3% - 3.2% a. What is the arithmetic average return over the 10-year period? b. What is the geometric average return over the 10-year period?
Chapter5: Exponential And Logarithmic Functions
Section5.4: Exponential And Logarithmic Equations
Problem 11ECP: In Example 11, during which year did the sales reach $180 billion?
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Transcribed Image Text:Ten annual returns are listed in the following table: (Click on the following icon o in order to copy its contents into a spreadsheet.)
- 19.3%
16.9%
18.5%
- 49.9%
43.1%
1.9%
- 16.9%
46.3%
45.3%
- 3.2%
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?
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