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Jones expects an immediate investment of $ 4 9 , 1 5 6 . 8 0 to return $ 8 , 0 0 0 annually

Jones expects an immediate investment of $49,156.80 to return $8,000 annually for ten years, with the first payment to be received
one year from now. What rate of interest must Jones earn? (PV of $1, FV of $1, PVA of $1, and FVA of $1)(Use appropriate factor(s)
from the tables provided. Round "Table Factor" to 4 decimal places.)
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