Question 10 0 out of 1 poin Tonita Ailor notices Sales in the market for luxury goods have increased from 5208 230.00 to $254.190.00 in 13 years with quarterly compounding what is the annualized rate of growth (CAGR)? Selected Answer 6.4.9955% Answers: a. -0,0957% b. 4.9955% c. 1.5371% Response Feedback d. 0.3865% R="Bigg(bigg[\frac{FV}(PV)/biggl\{\frac{1}{tm)}-1\Bigg)'m = 1Bigg biggfrac[254,190}{208 230 biggl"[\frac (1) (13*4))-11Bigg)*4 = 1.54% FV- 254,190 PV- 208,230 RATE- ? Careful, this is periodic NPER- 13 times4 - 52 PMT- NIA Remember to multiply the rate you get out of the calculator by m (compounding period)! Also make sure you enter the PV as a negative and the FV as a positive, or depending on the direction of the account 1.-0.0957% False 2.4.9955% False 3.1.5371% True 4.0.3865% False DOLL