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You have just deposited $11,500 into an account that promises to pay you an annual interest rate of 6.6 percent each year for the next

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You have just deposited $11,500 into an account that promises to pay you an annual interest rate of 6.6 percent each year for the next 7 years. You will leave the money invested in the account and 15 years from today, you need to have $29,850 in the account. What annual interest rate must you earn over the last 8 years to accomplish this goal? 523% 735% 6.03% 6.54% 5.94%

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