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If Colleen Mooney invests $4,567.91 now and she will receive $12,300 at the end of 17 years, what annual rate of interest will Colleen earn
If Colleen Mooney invests $4,567.91 now and she will receive $12,300 at the end of 17 years, what annual rate of interest will Colleen 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 ________%
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