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Use the commission schedule from Company B shown in the table to find the annual rate of interest earned on the investment. ( Note: commisions

Use the commission schedule from Company B shown in the table to find the annual rate of interest earned on the
investment. (Note: commisions are rounded to the nearest cent.)
An investor purchases 431 shares at $36.55 a share, holds the stock for 340 days, and then sells the stock for $49.64 a share. Assume a 360-day year.
The annual rate of interest is i.(Round to three decimal places.)
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