Homework: Chapter 5 HW Save Score: 0 of 1 pt 9 of 22 (8 complete HW Score: 36.36%, 8 of 22 pts P5-8 (similar to) Question Help Time Value Personal Finance Problem Misty needs to have $22.000 in 7 years to fulfill her goal of purchasing a small about. She is willing to invest a lump sum today and leave the money untouched for 7 years until it grows to $22.000, but she wonder what sort of investment retum she will need to eam to reach her goal. Use your calculator or spreadsheet to figure out the approximate annually compounded rate of retum needed she can Invest $14,600 today. The annually compounded rate of rohum Misty needs to earn to reach her goal is (Round to two decimal places)