#4

please double check the answer.

ga Commission $25 +1.8% of principal $37+14% of principal 5107+0.7% of principal cont.) Use the commission schedule from Company A shown in the Principal (Value of Stock) table to find the annual rate of interest eamed on the Under $3,000 investment. (Note: commissions are rounded to the nearest $3,000 to $10,000 Over $10,000 An investor purchases 274 shares at $12.36 a share, holds the stock for 31 weeks and then solls the stock for $18.17 a share The annual rate is % (Round to five decimal places.)