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Your answer is incorrect. Try again. Joanne Quick made an investment of $7,486.73. From this investment, she will receive $1,300 annually for the next 9
Your answer is incorrect. Try again. Joanne Quick made an investment of $7,486.73. From this investment, she will receive $1,300 annually for the next 9 years starting one year from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided) what rate of interest will Joanne's investment be earning for her? (Hint: Use Table 4.) (Round answer to 0 decimal places, eg, 25%.) Rate of interest Brief Exercise KG-22 Kevin Morales invests $20,479.30 now for a series of $3,800 annual returns beginning one year from now. Kevin will earn a return of 7% on the initial investment. Click here to view the factor table (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How many annual payments of $3,800 will Kevin receive? (Hint: Use Table 4.) (Round answer to 0 decimal places, e.g. 25.) Number of annual payments
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