You met Jor Amster in class recently and learned about his 15-year savings plan. To obtain some of those high rates of return, Jor carefully chosea few stocks for investment. He invested $2,500 in one stock exactly fiveyears 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? (So consider that the stock was $10 in Year 1, and then five years later, in Year 6, it is $32.50.)