Question: Show work please! = 50 , 2266) 10-.06 3-1-33 6 [4 points] A woman made 10 annual end-of-year stock purchases of $1000 worth of common

Show work please! Show work please! = 50 , 2266) 10-.06 3-1-33 6 [4

= 50 , 2266) 10-.06 3-1-33 6 [4 points] A woman made 10 annual end-of-year stock purchases of $1000 worth of common stock. The stock paid no dividends. Then for 4 years she held the stock. At the end of 4 years she sold the stock for $28,000. What interest rate did she obtain on her investment? [Use the compound interest tables and linear interpolation to express your answer to the nearest 0.1%.]

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