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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
An investor purchases 349 shares at $10.84 a share, holds the stock for 32 weeks, and then sells the stock for $16.44 a share.
The annual rate is %.(Round to five decimal places.)
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