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Genevieve Beddoe has an investment fund that went from $122,730.00 to $180,890.00 in 7 years. With quarterly compounding, what is the annualized rate of growth

Genevieve Beddoe has an investment fund that went from $122,730.00 to $180,890.00 in 7 years. With quarterly compounding, what is the annualized rate of growth (CAGR)?

a. 1.4245%

b. 5.58%

c. -0.344%

d. 9.765%

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