Question: Muriel deposits $8600 today and is promised a return of $14620 in 8 years. What is the implied annual rate of return? 6.86% 5%

Question: Muriel deposits $8600 today and is promised a return of $14620 in 8 years. What is the implied annual rate of return?\\n6.86%\\n5%\\n2.89%\\n4.03%

Muriel deposits

$8600

today and is promised a return of

$14620

in 8 years. What is the implied annual rate of return?\\n

6.86%

\\n

5%

\\n

2.89%

\\n

4.03% 

Muriel deposits $8600 today and is promised a return of $14620 in 8 years. What is the implied annual rate of return? 6.86% 5% O 2.89% 4.03%