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Olga owns two investments, A and B , that have a combined total value of $ 2 8 , 5 0 0 . 0 0

Olga owns two investments, A and B, that have a combined total value of $28,500.00. Investment A is expected to pay $26,560.00 in 3 years from today and has an expected return of 12.32 percent per year. Investment B is expected to pay $17,158.82 in 7 years from today and has an expected return of R per year. What is R, the expected annual return for investment B?
9.87%(plus or minus 10bps)
8.40%(plus or minus 10bps)
6.30%(plus or minus 10bps)
7.31%(plus or minus 10bps)
none of the answers are within 10bps of the correct answer
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