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Joanne Quick made an investment of $10,271.38. From this investment, she will receive $1,200 annually for the next 15 years starting one year from now.

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Joanne Quick made an investment of $10,271.38. From this investment, she will receive $1,200 annually for the next 15 years starting one year from now.

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{For calculation purposes, use 5 decimal piaces as dispiayed in the factor tabie provided.) What rate of Interest wlll Jeanne's investment be earning for her? (Hint: Use Table 4.) {Round answer to 0 decimal pieces, e.p. 25%.) Rate of Interest \"tn

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