P5-53 (similar to) Rate of return and investment choice Clare Jaccard has $6,000 to invest. Because she is only 25 years old, she is not concerned about the length of the investment's life. What she is sensitive to is the rate of return she will earn on the investment 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 of the investments require an initial $6,000 payment a. Calculate to the nearest 0.01%, the rate of return on each of the four investments available to Clare b. Which investment would you recommend to Clare, given her goal of maximizing the rate of return? a. The annual rate of return, 1. on Investment is 1% (Round to two decimal places) Data Table (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet) Investment Single amount B D $10 200 $21,000 $9 200 $15.500 Investment life (years) 6 15 4 10 Enter your answer in the answer bol Print in Done Check Answer 4 parts remaining