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an investment costs $1000 today and promises to return $1570 in 17 years. what is the annual return on this investment An investment costs $1,000

an investment costs $1000 today and promises to return $1570 in 17 years. what is the annual return on this investment image text in transcribed
An investment costs $1,000 today and promises to return $1,570 in 17 years. What is the annual return on this investment? note: your answer should be in percent. for example, if the answer is 6.4%, then type your answer as 6.4. Your answer should be to one decimal precision

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