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John has an investment opportunity that promises pay him $18,905 in four years. Suppose the opportunity requires John to invest $16,160 today. (FV of $1,

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John has an investment opportunity that promises pay him $18,905 in four years. Suppose the opportunity requires John to invest $16,160 today. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) What is the interest rate John would earn on this investment? (Round your interest rate to the nearest whole percentage.) Solve for i Present Value: n = Future Value

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