Review Problem $9$ #$16($LO$1)$

For the five$-$year period ended October $31,2022,$ a North American Resource Fund had a compound annual return of $7\mathrm{.}99\%$ compared

to the average annual five$-$year returns of $-0\mathrm{.}337\%$ for funds in the same category. How much more would an initial $$1000$ investment

have earned over the five$-$year period in the North American Resource Fund compared to a $$1000$ investment fund earning the

average rate of return? $($Round the intermediate steps and the final answer to $2$ decimal places.$)$

The North American Resource Fund earned

$

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