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Joanne Quick made an investment of $20,023.38. From this investment, she will receive $3,400 annually for the next 10 years starting one year from now.

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Joanne Quick made an investment of $20,023.38. From this investment, she will receive $3,400 annually for the next 10 years starting one year from now. Click here to view the factor table Future Value of Click here to view the factor table Future Value of an Annuity of 1 Click here to view the factor table Present Value of Click here to view the factor table Present Value of an Annuity of 1 (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What rate of interest will Joanne's investment be earning for her? (Hint: Use Table 4.) (Round answer to decimal places. e. g. 25%) Table 4 Present Value of an Annuity of 1 4% 5% 6% 7% 8% 9% 10% 11% 12% 15% Payments 96154 9523894340 93458 9259391743909099009089286 86957 1.88609 1.85941 1.83339 1.80802 1.78326 1.75911 1.73554 1.71252 1.69005 1.62571 2.775092.72325 2.67301 2.62432 2.57710 2.53130 2.48685 2.44371 2.40183 2.28323 3.62990 3.545953.46511 3.38721 3.31213 3.23972 3.16986 3.10245 3.03735 2.85498 4.451824.32948 4.21236 4.10020 3.99271 3.88965 3.79079 3.69590 3.60478 3.35216 5.24214 5.075694.91732 4.76654 4.62288 4.48592 4.35526 4.23054 4.11141 3.78448 6.00205 5.78637 5.58238 5.38929 5.20637 5.03295 4.86842 4.71220 4.56376 4.16042 6.73274 6.463216,20979 5.97130 5.74664 5.53482 5.33493 5.146124.96764 4.48732 7.435337.10782 6.80169 6.51523 6.24689 5.99525 5.759025.53705 5.32825 4.77158 8.11090 7.721737.360097.02358 6.71008 6.41766 6.14457 5.88923 5.650225.01877 8.306417.88687 7.49867 7.13896 6.80519 6.49506 6.20652 5.93770 5.23371 9.38507 8.863258.38384 7.94269 7.53608 7.16073 6.81369 6.49236 6.19437 5.42062 9.985659.39357 8.85268 8.35765 7.90378 7.48690 7.10336 6.749876.42355 5.58315 10.56312 9.89864 9.294988.74547 8.24424 7.78615 7.36669 6.98187 6.62817 5.72448 16 11.11839 11.65230 12.16567 12.65930 13.13394 13.59033 10.37966 10.83777 11.27407 11.68959 12.08532 12.46221 9.71225 10.10590 10.47726 10.82760 11.15812 11.46992 9.10791 8.55948 8.06069 9.44665 8.85137 8.31256 9.76322 9.12164 8.54363 10.05909 9.37189 8.75563 10.33560 9.60360 8.95012 10.59401 9.81815 9.12855 7.60608 7.19087 6.81086 5.84737 7.82371 7.37916 6.97399 5.95424 8.02155 7.54879 7.11963 6.04716 8.20141 7.70162 7.24967 6.12797 8.36492 7.839297.36578 6.19823 8.51356 7.96333 7.46944 6.25933

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