It is desired to have $9000 available 12 years from now. If $5000 is available for investment at the present time, what discrete annual rate of compound interest on the investment would be necessary to yield the desired amount?

17.3 It is desired to have $9,000 available 12 yr from now. If $5,000 is available for investment at the present time, what discrete annual rate of compound interest on the investment would be necessary to vield the desired amount