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If Susanna Metro invests 7,009.87 now and she will receive 20,000 at the end of 11 years, what annual rate of interest will she be

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If Susanna Metro invests 7,009.87 now and she will receive 20,000 at the end of 11 years, what annual rate of interest will she be earning on her investment? Future value of 1 Factor 7%, 11 years annually 2.105 8%, 11 years annually 2.332 9%, 11 years annually 2.580 10%, 11 years annually 2.853 ** Marks: 1 Use the following information for Smart Company. Net Sales $300,000 Cost of Goods Sold 230,000 Gross Profit $ 70,000 Operating Expenses 25,000 Net Income $ 45,000

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