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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 investment. ( Note: commissions

Use the commission schedule from Company A shown in the table to find the annual rate of interest earned on the investment. (Note: commissions are rounded to the nearest cent.)
Principal (Value of Stock)
Under $3,000
$3,000 to $10,000
Over $10,000
Commission
$25+1.8% of principal
$37+1.4% of principal
$107+0.7% of principal
An investor purchases 393 shares at $9.55 a share, holds the stock for 43 weeks, and then sells the stock for $20.99 a share.
The annual rate is %( Round to five decimal places.)
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