Question: I need to know what exactly to type into the financial calculator!! Also known as the investment of the investors yield, represents a return on

I need to know what exactly to type into the financial calculator!!

Also known as the investment of the investors yield, represents a return on investment expressed as compound rate of interest, is calculated by setting the price of an investment equal to the stream of cash flows it generates and solve for the interest rate 8 years ago, you put $187,697 into an interest-earning account. Today it is worth $280,132. What is the effective annual interest earned on the account? Round your answer to the nearest tenth of a percent. For example, if you get 15.1%, write 0.151.

Answer: 5.1%

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