Bill Padley expects to invest $$20,000$ for $5$ years, after which he wants to receive $$24,334\mathrm{.}00.$ What rate of interest must

Padley earn? $($PV of $$1,$ FV of $$1,$ PVA of $$1,$ and FVA of $$1)($Use appropriate factor$($s$)$ from the tables provided. Round

"Table Factor" to $4$ decimal places.$)$