Use the table for the question(s)below.
Consider the following realized annual returns:
-The average annual return on the Index from 2000 to 2009 is closest to:
A)7.10%.
B)4.00%.
C)9.75%.
D)8.82%.

Question

Use the table for the question(s)below.
Consider the following realized annual returns: 
-The average annual return on the Index from 2000 to 2009 is closest to:
A)7.10%. 
B)4.00%. 
C)9.75%. 
D)8.82%.

Quizplus · Accepted Answer

To find the average annual return, we add up all the returns and divide by the number of years.

(6.3 + 10 + 18.2 + 0.8 - 38.5 + 27.9 + 15.6 + 26.5 + -36.6 + 23.5) / 10 = 8.82%

Therefore, the closest answer is D, 8.82%.

Use the Table for the Question(s)below