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Sasha owns two investments, A and B, that have a combined total value of 54, 900 dollars. Investment A is expected to pay 29, 400
Sasha owns two investments, A and B, that have a combined total value of 54, 900 dollars. Investment A is expected to pay 29, 400 dollars in 1 year(s) from today and has an expected return of 16.89 percent per year. Investment B is expected to pay 61,002 in 6 years from today and has an expected return of R per year. What is R, the expected annual return for investment B? Answer as an annual rate in decimal format so that 12.34% would be entered as 1234 and 0.98% would be entered as 0098
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