Question 24 of 26 < View Policies Show Attempt History Current Attempt in Progress Your answer is incorrect. 0/5 E ... Daniel Simon wishes to invest $16,000 on July 1, 2022, and have it accumulate to $49,200 by July 1, 2032. Use a financial calculator to determine at what exact annual rate of interest Daniel must invest the $16,000. (Round answer to 2 decimal places, e.g. 25.25%) Annual rate of interest % eTextbook and Media Save for Later Last saved 30 minutes ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes. Attempts: 2 of 5 used Submit Answer