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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 ore year from now.
Ruth Lewis made an investment of $16,121,38. From this investment, she will receive $2,000 annually for the next 15 years starting ore year from now. Click here to view the factor table. (For calculotion purposes, use 5 dectmat ploces as displayed in the foctor table provided.) What rate of interest witl Ruth's investment be earning for her? (Hint: Use Table 4.) (Round answer to 0 decimal places, es. 25\%.) Rate of interest % Ruth Lewis made an investment of $16,121,38. From this investment, she will receive $2,000 annually for the next 15 years starting ore year from now. Click here to view the factor table. (For calculotion purposes, use 5 dectmat ploces as displayed in the foctor table provided.) What rate of interest witl Ruth's investment be earning for her? (Hint: Use Table 4.) (Round answer to 0 decimal places, es. 25\%.) Rate of interest %
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