You are a transactional stock broker and have been reasonably good at picking stocks for your clients. Your one client just called you today and asked you how her account has been doing. The client specifically stated the following: "I deposited $500,000 in this account exactly nine years ago. I have not taken any money out of the brokerage account, and I have not put any money in it I was checking my online account today, and I see the account as of today has a $925.000 value. I think the balance looks fine as we have had an up and down market these last nine years. However, I would like to know the annual compounded return I have earned on this account over the last nine years?" How will you respond? 12453