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Really need help with this! Michelle Walker made an investment of $28.234.49. From this investment, she will receive $3,100 annually for the next 15 years
Really need help with this! Michelle Walker made an investment of $28.234.49. From this investment, she will receive $3,100 annually for the next 15 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) Whatrate of interest will Michelle's Investment be earning for her?(Hint: Use Table 4.) (Round answer to decimal places, 6.3. 25%) Rate of interest
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