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HW part $2($no attempt limit$)$

Question $9,$ P$5-57($similar to$)$

HW Score: $5\mathrm{.}51\%,0\mathrm{.}88$ of $16$ points

Part $1$ of $5$

Points: $0$ of $1$

Rate of return and investment choice Clare Jaccard has $$10,000$ to invest. Because she is only $25$ years old, she is not concerned about the length of the investment's life. What she is sensitive to is the rate of return she will earn on the investment. With the help of her financial advisor, Clare has isolated four equally risky investments, each providing a single amount at the end of its life, as shown in the following table, $.$ All of the investments require an initial $$10,000$ payment.

a$.$ Calculate, to the nearest $0\mathrm{.}01\%,$ the rate of return on each of the four investments available to Clare.

b$.$ Which investment would you recommend to Clare, given her goal of maximizing the rate of return?

a$.$ The annual rate of return, $r,$ on Investment $A$ is $6.($Round to two decimal places.$)$

Data table

$($Click on the icon here in order to copy the contents of the data table below into a spreadsheet.$)$

$\backslash$table$[[$Investment$,$Single amount,Investment life $($years$)],[$A$,$$$16,700,6],[$B$,$$$30,000,15],[$C$,$$$15,300,4],[$D$,$$$25,800,10]]$

$$