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Consider the project balances in the table below for a typical investment project with a service life of four years. An Project Balance -

(a) Determine the interest rate used in computing the project balance. The interest rate is ( quad % ). (Round to the nea 

Consider the project balances in the table below for a typical investment project with a service life of four years. An Project Balance - $13,000 - $13,000 - 11,500 FO 0 1 2 3 4 - 2,425 (a) Determine the interest rate used in computing the project balance. The interest rate is %. (Round to the nearest whole number.) - 9,500 - 8,500 100

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