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Use the commission schedule from Company A shown in the table to find the annual rate of interest earned on the Principal (Value of Stock)

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Use the commission schedule from Company A shown in the table to find the annual rate of interest earned on the Principal (Value of Stock) Under $3,000 $3,000 to $10,000 Over $10,000 $25 + 1 896 of pnncpal $37+1 4% of principal $107 + 0 7% of principal investment. (Note commissions are rounded to the nearest cent) hases 299 shares at $10 27 a share, holds the stock for 48 weeks, and then sells the stock for $16.45 a share The annual rate s | |% (Round to te decimal places)

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