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Five years ago, you invested in the Future Investco Mutual Fund by purchasing 1,500 shares of the fund at a net asset value of $18.75

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Five years ago, you invested in the Future Investco Mutual Fund by purchasing 1,500 shares of the fund at a net asset value of $18.75 per share. Because you did not need the Income, you elected to reinvest all dividends and capital gains distributions. Today, you sell your 1,850 shares in this fund for 520 55 per share. What is the compounded rate of return on this investment over the five-year period? The compounded rate of return on this investment over the five-year period is 1059 (Round to two decimal places)

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