Your Answer Correct Answer Cindy Willis will invest $32,200 today. She needs $193,200 in 20 years. Click here to view factor tables What annual interest rate must she earn? (Round answer to 0 decimal places, e.g. 7%.) Interest rate % TABLE 6.1 Future Value of 1 (Future Value of a Single Sum) FVF/- (1 + i)" 6% (n) Periods 1 2 3 2% 1.02000 1.04040 1.06121 1.08243 1.10408 2%% 1.02500 1.05063 1.07689 1.10381 1.13141 3% 1.03000 1.06090 1.09273 1.12551 1.15927 4% 1.04000 1.08160 1.12486 1.16986 1.21665 5% 1.05000 1.10250 1.15763 1.21551 1.27628 1.06000 1.12360 1.19102 1.26248 1.33823 8 1.12616 1.14869 1.17166 1.19509 1.21899 1.15969 1.18869 1.21840 1.24886 1.28008 1.19405 1.22987 1.26677 1.30477 1.34352 1.26532 1.31503 1.36857 1.42331 1.48024 1.34010 1.40710 1.47746 1.55133 1.62889 1.41852 1.50363 1,59385 1.68948 1.79085 9 10 11 12 13 14 15 1.24337 1.26824 1.29381 1.31948 1.34587 1.31209 1.34489 1.37851 1.41297 1.44830 1.38423 1.42576 1.46853 1.51259 1.55797 1.53945 1.60103 1.66507 1.73168 1.80094 1.71034 1.79586 1.88565 1.97993 2.07893 1.89830 2.01220 2.13293 2.26090 2.39656 16 17 18 19 20 1.37279 1.40024 1.42825 1.45681 1.48595 1.48451 1.52162 1.55966 1.59865 1.63862 1.60471 1.65285 1.70243 1.75351 1,80611 1.87298 1.94790 2.02582 2.10685 2.19112 2. 18287 2.29202 2.40662 2.52695 2.65330 2.54035 2.69277 2.85434 3.02560 3.20714