5--At what annual interest rate, compounded annually, would

$500

have to be invested for it to grow to

$1,997.24

in

15

years?

Question content area bottom

Part 1

The annual interest rate, compounded annually, at which

$500

must be invested for it to grow to

$1,997.24

in

15

years is

enter your response here%.

(Round to two decimal places.)