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Mary Skinner inherited a sum of $50,000 five years ago and bought $1,000 shares of EBEM at $50 per share. She sold 400 shares of

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Mary Skinner inherited a sum of $50,000 five years ago and bought $1,000 shares of EBEM at $50 per share. She sold 400 shares of the stock three years ago for $57 per share and invested the money in a CE that paid 8% interest per year compounded quarterly. Mary cashed the CD today and sold the remaining 600 shares of stock for $65 per share What nominal interest rate did she earn on her inheritance?|

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