LG 6 Personal Finance Problem P5-53 Rate of return and investment choice Clare Jaccard has $5,000 to invest. Because she is only 25 years old, she is not concerned about the length of the investment life. What she is sensitive to is the rate of return she will earn on the investments With the help of her financial advisor, Clare has isolated four equally risky investments, each providing a single amount at the end of its life, as shown in the following table. All the investments require an initial $5,000 payment. CamScanner Scanned with Investment Single amount Investment life (years) S8,400 15,900 7,600 13,000 15 a. Calculate, to the nearest 1%, the rate of return on each of the four invest available to Clare. b. Which investment would you recommend to Clare, given her goal of mas the rate of return? of maxi