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.)

Principal (Value of Stock)	Commission
Under $3,000	$32plus+1.8% of principal
$3,000 - $10,000	$56plus+1.% of principal
Over $10,000	$106plus+0.5% of principal

An investor purchases

191191

shares at

$ 37.69$37.69

a share, holds the stock for

353353

days, and then sells the stock for

$ 45.75$45.75

a share. Assume a 360-day year.

Use the commission schedule from Company shown in the table to find the annual rate of interest earned on the investment. Notecommisions are rounded to the newest cent.) Principal (Value of Stock) Under $3.000 $3,000 $10,000 Over $10,000 Commission $3241.8% of principal $ 1. of principal $106.05of principal The annual rate of innerst Round to three decimal places) Enter your answer in the answer box and then click Check