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Barbara Jones made an investment of $7,606.08. From this investment, she will receive $1,000 annually for the next 15 years starting one year from now.
Barbara Jones made an investment of $7,606.08. From this investment, she will receive $1,000 annually for the next 15 years starting one year from now. What rate of interest will barbara's investment be earing for her? View Policies Current Attempt in Progress Barbara Jones made an investment of $7,606.08. From this investment, she will receive $1,000 annually for the next 15 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 Barbara's investment be earning for her? (Hint:Use Table 4.) (Round answer to decimal places, eg. 25%) Rate of interest % e Textbook and Media Sove for Later Attempts: 0 of 3 used Suburit
What rate of interest will barbara's investment be earing for her?
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