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QUESTION 24 Kristel Mccusker notices Sales in the market for luxury goods have increased from $242,360.00 to $407,970.00 in 7 years. With quarterly compounding,

QUESTION 24 Kristel Mccusker notices Sales in the market for luxury goods have increased from $242,360.00 to $407,970.00 in 7 years. With quarterly compounding, what is the annualized rate of growth (CAGR)? O a. -0.4607% b. 13.1411% O c. 7.5092% O d. 1.9308% W

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