= Homework: Chapte... Save Question 10, BE7-10 (bo... HW Score: 10%, 2 of 20 points O Points: 0 of 1 Kenney Chesney decides to invest $43,630 today because he would like to build a guitar factory for $100,000 in 17 years. Interest is compounded annually. What annual interest rate must he receive to reach the required amount? (Click the icon to view the Future Value of $1 table.) (Click the icon to view the Present Value of $1 table.) (Click the icon to view the Future Value of an Ordinary Annuity table) (Click the icon to view the Present Value of an Ordinary Annuity table.) (Click the icon to view the Future Value of an Annuity Due table.) (Click the icon to view the Present Value of an Annuity Due table.) What annual interest rate must Kenney Chesney receive to reach the required amount? (Use the present value and future value tables, a financial calculator, a spreadsheet or the formula method for your calculations. If using present and future value tables or the formula method, use factor amounts rounded to five decimal places, XXXXXX. Round the interest rate to the nearest whole percent) % The annual interest rate Kenney Chesney must receive to reach the required amount of $100,000 is In