Question: toring Enabled: Test 3 (App. B, Ch. 18, 23, ... 18:30 TB Problem Qu. B-85 (Algo) Computing annual interest rate 1 A person invests $9,807
toring Enabled: Test 3 (App. B, Ch. 18, 23, ... 18:30 TB Problem Qu. B-85 (Algo) Computing annual interest rate 1 A person invests $9,807 today. 15 years, $23,500 in total is accumulated. Compute the annual interest rate for this investment. Note: Use factor(s) from tables provided. Round "PV of a single amount" to 4 decimals and percentage answer to the nearest whole number. (PV of $1, FV of $1, PVA of $1, and FVA of $1) Present Value / Future Value D 1 = R p (PV of a Single Amount) Saved Prev JL ) Interest Rate 1 of 15 DELL % -- -- Next > Help Save & Exit Submit FU end
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