PLEASE DO PART A AND PART B

You have an investment account that started with $3,000 10 years ago and which now has grown to 59,000. a. What annual rate of retum have you eamed (you have made no additional contributions to the account)? b. If the investment account eams 16% per year from now on, what will the account's value be 10 years from now? a. What annual rate of return have you earned (you have made no additional contributions to the account)? Your annual rate of return is %. (Round to two decimal places.)