If $11,000 Had Been Invested in the Fictious Fund on June

Multiple Choice

If $11,000 had been invested in the Fictious Fund on June 30, 1991, then on June 30, 2000 the investment would have been worth $34,575.25. What interest rate compounded annually would this investment have earned? Round your answer to two decimal places. ​

A) 27.14%
B) 13.57%
C) 11.27%
D) 15.33%
E) 6.79%