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If Barbara Jones invests $4,113.23 now and she will receive $17,800 at the end of 17 years, what annual rate of interest will Barbara earn
If Barbara Jones invests $4,113.23 now and she will receive $17,800 at the end of 17 years, what annual rate of interest will Barbara earn on her investment? (Hint: Use Table 3.) (Round answer to 0 decimal places, e.g. 25%.) Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.)
Annual rate of interest | enter annual rate of interest in percentages rounded to 0 decimal places % |
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