Five years ago, you invested in the Future Investco Mutual Fund by purchasing 1,200 shares of the fund at a net asset value of $18.03 per share. Because you did not need the income, you elected to reinvest all dividends and capital gains distributions. Today, you sell your 1,450 shares in this fund for $21.93 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 \%. (Round to two decimal places.)