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*Please show work and explain steps* Based on actual annual total returns, an initial investment of $10,000 in the Vanguard Health Care fund at the
*Please show work and explain steps*
Based on actual annual total returns, an initial investment of $10,000 in the Vanguard Health Care fund at the beginning of 2010 would have grown to $38,237 by the end of 2019. During this same period, inflation averaged about 2 percent per year. Calculate the annual average compound real (i.e., after-inflation) return earned on an initial investment of $10,000 in the Vanguard Health Care fund over the ten-year period from the beginning of 2010 to the end of 2019.
a.6.5%
b.12.11%
c.12.35%
d.14.35%
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