You met for AMister in class recently and learned about his Is - year Savings plan . To obtain some of those high rates of return , Jor carefully chose a few stocks for investment . He invested $2 , 500 in one stock exactly five years ago when the price was $10 . Today , the stock is now selling for $32 . 50 . What is Jor's compound annual growth rate for this investment ? ( 50 consider that the stock was $10 in Year 1 , and then five years later , in Year 6 , it is $28.50 . ) about 26. 6% about 21 . 790 about 23. 390