If you mean the Average return then with your data in A1:B4 then

=AVERAGE(B1:B3)

*Provided* the individual averages are of the same proportion. ie 5/10,
5/100, 5/1000 is 50%, 5%, 0.5% with an *average* of 18.5% but there are 15
*Returns* out of 1110 items which is really a percentage of 1.35%

--
HTH

Sandy
In Perth, the ancient capital of Scotland
and the crowning place of kings


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"Lightjag" wrote in message
...
I want to calculate the annual return:
Year Return
2004 16.7%
2005 3.2%
2006 13.6%
Annual Return 11.0% <== what formula / array should I use to calc?