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If Maria Miller invests $5,772.13 now and she will receive $13,000 at the end of 12 years, what annual rate of interest will Maria earn
If Maria Miller invests $5,772.13 now and she will receive $13,000 at the end of 12 years, what annual rate of interest will Maria earn on her investment? (Hint: Use Table 3.) Click here to view the factor table 1. Table 2 Table 3 Table 4 (For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 5.24571. Round answer to O decimal places, e.g. 25%.) Annual rate of interest do %
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