In a world characterized by rising interest rates, many financial institutions use a stepped yield GIC (Guaranteed Investment Certificate) to make investors think they are earning a higher rate of return than they actually are. In an example from a few years ago, the bank advertised the following yields: Year 1: 2% Year 2: 2.5% Year 3: 2.75% Year 4: 3.5% Year 5 8.5% What is the annually compounded rate of return from this investment? Multiple Choice 3.82% o o 2.75%