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Table 3 Present Value of 1 Periods 4% 5% 6% 7% 8% 9% 10% 11% 12% 15% 2 6 8 9 96154 95238 94340 93458

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Table 3 Present Value of 1 Periods 4% 5% 6% 7% 8% 9% 10% 11% 12% 15% 2 6 8 9 96154 95238 94340 93458 925939174390909 90090 89286 86957 92456 90703 89000 87344 85734 84168 8264581162 7971975614 .88900.8638483962 .81630 79383 77218 75132 7311971178 65752 .85480 82270 79209 762907350370843.68301.65873.6355257175 .82193 7835374726 7129968058 .64993.62092 5934556743 49718 79031.74622 70496 66634 63017 .59627 5644753464 5066343233 .75992 71068 66506 .62275 5834954703 51316 48166 45235 37594 73069 .67684 62741 58201 54027 50187 46651 43393 40388 32690 7 0259 .64461 59190 54393 50025 .46043 42410 39092 36061 28426 .67556 61391 5583950835 46319 42241.38554 35218 32197 24719 64958 58468 52679 4750942888 38753.3504931728 28748 21494 .62460 55684 49697 4440139711 35554 31863 28584 25668 18691 6005753032 .46884 .41496 36770 32618 28966 25751 22917 16253 57748 50507 44230 38782 34046299252633323199 20462 14133 55526 48102 4172736245 31524 27454 23939 20900 1827012289 5339145811 3936533873 29189 25187 21763 18829 16312 10687 51337 43630 37136 31657 27027 23107 .19785 .16963.14564 .09293 49363 4155235034 29586 25025 21199 1798615282.13004 .08081 .47464 3957333051 2761523171 .19449 .16351.13768 11611 07027 .4563937689 31180 2584221455 .17843 14864 12403 10367 06110 11 13 14 15 16 17 20 If Colleen Mooney invests $3,359.83 now and she will receive $10,300 at the end of 13 years, what annual rate of interest will Colleen earn on her investment? (Hint: Use Table 3.) (Round answer to O decimal places, e.g. 25%.) Click here to view the factor table Future Value of Click here to view the factor table Future Value of an Annuity of 1 Click here to view the factor table Present Value of 1 Click here to view the factor table Present Value of an Annuity of 1

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