An investor invests $$136,000$ in a managed fund at the beginning of Year $1.$ Over the course of the first year the value of the fund increases by $$25391.$ At the end of Year $1,$ the investor invests another $$31,000.$ Over the course of the second year the value of the fund falls by $$24533.$ At the end of Year $2$ the investor invests another $$40,000.$ At the end of Year $3$ the value of the fund has increased to $$287378,$ which the investor then withdraws. What is the annual rate of return from this investment the point of view of the investor? Question $4$Answer a$.14\%$ b$.12\%$ c$.11\%$ d$.13\%$