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Today, an investment that makes payments every year forever solls for $1200. The payments will grow at 2.25% annually and the next payment amount is

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Today, an investment that makes payments every year forever solls for $1200. The payments will grow at 2.25% annually and the next payment amount is $150. you purchase this investment today, what annual rate of interest will you earn with this investment? Do not round Intermediate calculation, Pound the final answer to 2 decimal places. Omit the sign in your response. For empi, en answer of 1.7 oud be entered as 1539 2.49 Numeric Response

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