The Trinity Mutual Fund reported a total 5-year return of 200%. What was its annualized rate of return? Round your answer to the nearest tenth of a percent.
A)40.0%
B)14.9%
C)31.6%
D)24.6%

Question

Quizplus · Accepted Answer

The Answer of The Trinity Mutual Fund reported a total 5-year return of 200%. What was its annualized rate of return? Round your answer to the nearest tenth of a percent.
A)40.0%
B)14.9%
C)31.6%
D)24.6%

The Trinity Mutual Fund Reported a Total 5-Year Return of 200