B.

P3-17 (similar to) a. Invest $420.00 and receive $796.85 in 12 years. b. Invest $2,800.00 and receive $10,496.14 in 16 years. c. Invest $32,671.63 and receive $150,000.00 in 20 years. d. Invest $34,492.76 and receive $1,300,000.00 in 50 years. 5.48% (Round to two decimal places.) b. What annual rate of return will Keiko earn if she invests $2,800.00 today and receives $10,496.14 in 16 years? 0.61 % (Round to two decimal places.) Enter your answer in the answer box and then click Check