Example $6\mathrm{.}5$: What are the arithmetic and compound average annual refurns of an invegment that had the following annual returns: $10\%,-4\%,26\%,-32\%.$

Anthmetic average $=\frac{10\%-4\%+26\%-32\%}{4}=096$

Compound average $=[(1+0\mathrm{.}1)\frac{1-0\mathrm{.}04}{1}+0\mathrm{.}26)(1-0\mathrm{.}322{]}^{\frac{1}{4}}-1=-0\mathrm{.}0247=-2\mathrm{.}47\%$

Qutslies $5$:

Naskac: None $-$ thit mock't compound averger annal noturn during that period? Artwer in perone, rounded me lwe decinal placm:

of return? Antwer in percemt rounded ts one decimal place.

Irat por homaris animer inf wind