Question: Please answer this question ASAP Use the commission schedule from Company B shown in the table to find the annual rate of interest earnmed on

Please answer this question ASAP  Please answer this question ASAP Use the commission schedule from Company

Use the commission schedule from Company B shown in the table to find the annual rate of interest earnmed on the investment. (Note: commisions are rounded to the nearest cent.) Principal (Value of Stock) Under $3,000 $3,000-$10,000 Over $10,000 Commission $32 + 1.8% of principal $56 + 1% of principal $106 + 0.5% of principal An investor purchases 363 shares at $35.94 a share, holds the stock for 346 days, and then sells the stock for $52.76 a share. Assume a 360-day year. The annual rate of interest is %. (Round to three decimal places.)

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