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4 Exercise B-7 Interest rate on an investment LO P3 Jones expects an immediate investment of $51,905.10 to return $13,000 annually for five years, with

4 Exercise B-7 Interest rate on an investment LO P3 Jones expects an immediate investment of $51,905.10 to return $13,000 annually for five years, with the first payment to be recelved one year from now. What rate of interest must Jones earn? (PV of $1, FV of $1, PVA of $1, and FVA of $1 (Use approprlate factor(s) from the tables provided. Round "Table Factor" to 4 decimals.) points Present Annuity Table Factor Interest Rate eBook value paymentT Hint Print References

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