Algoe expects to invest $2,800 annually for 15 years to yield an accumulated value of $70,361 on the date of the last investment. For this to occur, what rate of interest must Algoe earn? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round FVA factor to 4 decimal places.)

8. value: 2.40 points Algoe expects to invest $2,800 annually for 15 years to yield an accumulated value of $70,361 on the date of the last investment. For this to occur, what rate of interest must Algoe earn? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round FVA factor to 4 decimal places.) Future Value Annuity Payment f(FV of an Ordinary Annuity) Interest Rate