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Question 4 If Colleen Mooney invests $4,765.50 now and she will receive $12,000 at the end of 12 years, what annual rate of interest will

Question 4 If Colleen Mooney invests $4,765.50 now and she will receive $12,000 at the end of 12 years, what annual rate of interest will Colleen earn on her investment? (Hint: Use Present value of 1 factor table.) (Round answer to 0 decimal places, eg, 25%.) Click her iew (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Annual rate of interest Click if you would like to Show Work for this question Open Show Work

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