Ten years ago, Jackson Supply set aside $125,000 in case of a financial emergency. Today, that account has increased in value to $278,592. What rate of interest is the firm earning on this money? Simple Interest=PV + PVrt Q 0 TH FV=PV(1 + r) PV=FV/ (1 + r) Th r=(FV/PV) - 1 1 PV = CA 7 Finish APR = period rate * number of periods per year HOUS 1- (1 + r) PV =C FV C --[a+r)-1] APR EAR = 1 + ]" -1 m Answ