Sara would like to evaluate the performance of her portfolio over the past 10 years. What compound annual rate of return has she achieved if she invested $12,000 10 years ago and now has $25,000?
A)Between 8% and 9%
B)Between 10% and 11%
C)Between 9% and 10%
D)Between 7% and 8%

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The Answer of Sara would like to evaluate the performance of her portfolio over the past 10 years. What compound annual rate of return has she achieved if she invested $12,000 10 years ago and now has $25,000?
A)Between 8% and 9%
B)Between 10% and 11%
C)Between 9% and 10%
D)Between 7% and 8%

Sara Would Like to Evaluate the Performance of Her Portfolio