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Interest rate (with changing years). Keiko is looking at the following investment choices and wants to know what annual rate of return each choice produces.
Interest rate (with changing years). Keiko is looking at the following investment choices and wants to know what annual rate of return each choice produces. a.Invest $400.00 and receive $859.27 in 10 years. b.Invest $3800.00 and receive $10,156.24 in 16 years. c.Invest $31,742.91 and receive $120,000.00 in 20 years. d.Invest $34,653.91 and receive $1,100 comma 000.00 in 30 years. a.What annual rate of return will Keiko earn if she invests $400.00 today and receives $859.27 in 10 years? (Round to two decimal places.)
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