Question 6 [5 points] Early last year, the Paul Growth Fund ran advertisements in the financial pages of major newspapers. The "ad" had primarily empty space containing the simple message $15,000 INVESTED IN PAULINVESTMENT GROWTH FUND ON DECEMBER 31, 1970 WOULD BE WORTH $3.50 MILLION ON DECEMBER 31, 2020 What annual rate of return did the fund realize over the period ending December 31 last year if interest was compounded semi-annually? Note: Please make sure your final answer(s) are in percentage form and are accurate to 2 decimal places. For example 34.56% Annual rate = 0.00 %