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Current Attempt in Progress Nancy Quick made an investment of $11.189.33. From this investment, she will receive $2.100 annually for the next 9 years starting
Current Attempt in Progress Nancy Quick made an investment of $11.189.33. From this investment, she will receive $2.100 annually for the next 9 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 Nancy's investment be earning for her? (Hint: Use Table 4.) (Round answer to O decimal places, e.g. 25%) Rate of interest Save for Later Attempts: 0 of 1 used Submit Answer Current Attempt in Progress George Morales invests $16,775.20 now for a series of $2,500 annual payments beginning one year from now. George will earn a return of 8% on the initial investment. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How many annual payments of $2,500 will George receive? (Hint: Use Table 4.) (Round answer to O decimal places, e.g. 25.) Number of annual payments Save for Later Attempts: 0 of 1 used Submit
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