Exavier $$has $$started $$to $$build $$an $$investment $$portfolio $$for $$his $$retirement$.$

$$

$$He $$bought $$a $$$

$100$

$$CSB $$at $$the $$end $$of $$each $$year $$for $$

$5$

$$years$.$The $$first $$three $$CSBs $$earned $$a $$fixed $$rate $$of $$

$5\mathrm{.}2$

$\%$

$$interest$,$compounded $$annually$.$The $$next $$two $$CSBs $$earned $$a $$fixed $$rate $$of $$

$5\mathrm{.}6$

$\%$

$$interest$,$compounded $$annually$.$

$$

$$Two $$years $$ago$,$he $$bought $$a $$$

$10000$

$$GIC $$earning $$

$7$

$\%$

$$interest$,$compounded $$monthly$,$over $$a $$term $$of $$

$2$

$$years$.$

a

$.$

$$What $$was $$the $$value $$of $$Xavier

$$

s $$portfolio $$after $$

$5$

$$years$?$What $$is $$the $$rate $$of $$return$?$