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Amanda Tevis made an investment of $5,537.05. From this investment, she will receive $1,000 annually for the next 9 years starting one year from now.

Amanda Tevis made an investment of $5,537.05. From this investment, she will receive $1,000 annually for the next 9 years starting one year from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What rate of interest will Amandas investment be earning for her? (Hint: Use Table 4.) (Round answer to 0 decimal places, e.g. 25%.)

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