Time Value Ponsonal Finance Probiom Misfy noeds to have $2,4,000 in 8 yoars fo fualil hor goal of purchasing a small saiboot, Bhe is wiling to irwest a lurne sum today and leave the money unilouched for 8 years unti it grows to $24,000, but she wonders what sort of investinent return she will need to earn to reach her goal Use your calculator or sgreadsheet to figure out the approximate annually compounded rate of return needed if ahe can imvest 517 , Aoo foday. The anneally compounded rate of retum Misty needs to earn to resch her goal is (Rouind to two docimal places)