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Bess Wotring found that the market value, in millions, of Wotring and Co., Inc. has gone from $87,520.00 to $368,000.00 in 7 years. With monthly

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Bess Wotring found that the market value, in millions, of Wotring and Co., Inc. has gone from $87,520.00 to $368,000.00 in 7 years. With monthly compounding, what is the annualized rate of growth (CAGR)? a. -0.1413% b. 1.8978% c. 20.6938% d. 12.0714%

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