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Ruth Lewis made an investment of $16,121.38. From this investment, she will receive $2,000 annually for the next 15 years starting one year from now.

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Ruth Lewis made an investment of $16,121.38. From this investment, she will receive $2,000 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.) What rate of interest will Ruth's investment be earning for her? (Hint: Use Table 4.) (Round answer to 0 decimal places, e. .25%.) Rate of interest Crane Company is about to issue $504,000 of 7 -year bonds paying an 11% interest rate, with interest payable annually. The discount rate for such securities is 10%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How much can Crane expect to receive for the sale of these bonds? (Round answer to 0 decimal places, e.g. 2,575.) Crane can expect to receive

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