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Emmy Rosales found that the market value, in millions, of Rosales and Co.,Inc. has gone from $284,210.00 to $429,250.00 in 7 years. With tri-annually compounding,
Emmy Rosales found that the market value, in millions, of Rosales and Co.,Inc. has gone from $284,210.00 to $429,250.00 in 7 years. With tri-annually compounding, what is the annualized rate of growth (CAGR)?
a. 5.9486%
b. -0.6481%
c. 13.88%
d. 2.0224%
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