You purchased a bond at a price of $2,100. In 30 years when the bond matures, the bond will be worth $15,000. It is exactly 22 years after you purchased the bond and you can sell the bond today for $11,100. If you hold the bond until it matures, what annual rate of return will you earn from today?

• 7.9 percent

• 6.8 percent

• 3.5 percent

• 4.3 percent

• 3.8 percent