Question $47(1\mathrm{.}2$ points$)$

Ten years ago, Jackson Supply set aside $$130,000$ in case of a financial emergency.

Today, that account has increased in value to $$330,592.$ What rate of interest is the

firm earning on this money?

$10\mathrm{.}46$ percent

$11\mathrm{.}63$ percent

$12\mathrm{.}71$ percent

$9\mathrm{.}78$ percent

$8\mathrm{.}63$ percent