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F 302 Summer 2022 ONLINE Question 8, P3-17 (similar to) Homework: Chapter 3 Homework Part 1 of 4 Interest rate (with changing years). Keiko is

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F 302 Summer 2022 ONLINE Question 8, P3-17 (similar to) Homework: Chapter 3 Homework Part 1 of 4 Interest rate (with changing years). Keiko is looking at the following investment choices and wants to know what annual rate of return each choice produces a. Invest $360.00 and receive $748.75 in 8 years b. Invest $3,400.00 and receive $11.739.53 in 16 years c. Invest $31.916 42 and receive $150.000.00 in 25 years d. Invest $33.877.55 and receive $1.500,000.00 in 35 years a. What annual rate of return will Keiko eam if she invests $360.00 today and receives $748.75 in 8 years? 10.8% (Round to two decimal places)

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