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Please help. Brief Exercise 6-22 Andrea Stone made an investment of $21,416.88. From this investment, she will receive $3,000 annually for the next 11 years
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Brief Exercise 6-22 Andrea Stone made an investment of $21,416.88. From this investment, she will receive $3,000 annually for the next 11 years starting one year from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What rate of interest will Andrea's investment be earning for her? (Hint: Use Table 4.) (Round answer to o decimal places, e.g. 25%.) Rate of interest % LINK TO TEXT Step by Step Solution
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