Question: Brief Exercise A-18 X Your answer is incorrect. Try again. If Colleen Mooney invests $4,987.79 now and she will receive $21,500 at the end of

Brief Exercise A-18 X Your answer is incorrect. Try again. If

Brief Exercise A-18 X Your answer is incorrect. Try again. If Colleen Mooney invests $4,987.79 now and she will receive $21,500 at the end of 14 years, what annual rate of interest will Colleen earn on her investment? (Hint: Use Present value of 1 factor table.) (Round answer to o decimal places, e.g. 25%.) Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Annual rate of interest % Click if you would like to Show Work for this question: Open Show Work

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