Multiple Choice
Sara would like to evaluate the performance of her portfolio over the past 10 years. What compound annual rate of return has she achieved is she invested $12,000 10 years ago and now has $25,000?
A) Between 8% and 9%
B) Between 10% and 11%
C) Between 9% and 10%
D) Between 7% and 8%
Correct Answer:
Verified
Correct Answer:
Verified
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