uestion $17$

Twenty$-$two years ago, a particular violin cost $$2,000.$ Today, that same violin costs $$21,472.$ If you think of the violin as an investment, what is the annual rate of return?

$12\mathrm{.}19\%$

$8\mathrm{.}43\%$

$11\mathrm{.}39\%$

$10\mathrm{.}23\%$

$9\mathrm{.}92\%$