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Calculate the rate of return of the following investment (round to 2 decimals): interest 2 3 2 3 4 start principal $7.800.00 $7,800.00 $7,800.00 $7,800.00

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Calculate the rate of return of the following investment (round to 2 decimals): interest 2 3 2 3 4 start principal $7.800.00 $7,800.00 $7,800.00 $7,800.00 $7,800.00 $7,800.00 $7.800.00 $7,800.00 start balance $7,800.00 $7.909.20 $8,019.93 $8.132.21 $8,246.06 $8,361.50 $8,478.56 $8,597.26 $109.20 $110.73 $112.28 $113.85 $115.44 $117.06 $118.70 $120.36 end balance $7.909.20 $8,019.93 $8,132.21 $8,246.06 $8.361.50 $8,478.56 $8,597.26 $8,717.63 end principal $7,800.00 $7,800.00 $7.800.00 $7,800.00 $7.800.00 $7,800.00 $7,800.00 $7,800.00 5 5 6 7 8 Example: if the rate of return is 0.103323, then the answer is 10.33. Do not enter the % sign)

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