Three years ago, you intested in the Future Investco Mutual Fund by purchasing 1,000 shares at the net asset value of $20 per share. Because you did not need the income, you elected to reinvest all dividends and capital gains distributions. Today, you sell your 1,100 shares in this fund for $22.91 per share. What is the compounded rate of return on this investment over the three-year period?