a. Compute the geometric mean rate of return per year for platinum, gold, and silver from 2009 through 2012. The geometric mean rate of return for platinum during this time period was%.

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In 2009-2012, the value of precious metals changed rapidly. The data in the accompanying table represents the total rate of return (in percentage) for platinum, gold, and silver from 2009
through 2012. Complete parts (a) through (c) below.
Click the icon to view data table for total rate of return for platinum, gold, and silver.
Click the icon to view the geometric mean rate of return for stock market indices.
a. Compute the geometric mean rate of return per year for platinum, gold, and silver from 2009 through 2012.
The geometric mean rate of return for platinum during this time period was %.
(Type an integer or decimal rounded to two decimal places as needed.)
Geometric mean rate of return for stock market indices
Stock indices Geometric mean rate of return
9.38%
11.89%
17.36%
A
B
C
Print
Done
D
Data table for total rate of return
56.8
Year Platinum Gold Silver
2012 6.4 0.6
2011 - 21.2 10.4 -9.3
2010 22.1 29.8 14.4
2009
53.5 23.8 46.7
Print
Done
- X
Transcribed Image Text:In 2009-2012, the value of precious metals changed rapidly. The data in the accompanying table represents the total rate of return (in percentage) for platinum, gold, and silver from 2009 through 2012. Complete parts (a) through (c) below. Click the icon to view data table for total rate of return for platinum, gold, and silver. Click the icon to view the geometric mean rate of return for stock market indices. a. Compute the geometric mean rate of return per year for platinum, gold, and silver from 2009 through 2012. The geometric mean rate of return for platinum during this time period was %. (Type an integer or decimal rounded to two decimal places as needed.) Geometric mean rate of return for stock market indices Stock indices Geometric mean rate of return 9.38% 11.89% 17.36% A B C Print Done D Data table for total rate of return 56.8 Year Platinum Gold Silver 2012 6.4 0.6 2011 - 21.2 10.4 -9.3 2010 22.1 29.8 14.4 2009 53.5 23.8 46.7 Print Done - X
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