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Barbara Jones made an investment of $7,606.08. From this investment, she will receive $1,000 annually...

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Accounting

Barbara Jones made an investment of $7,606.08. From this investment, she will receive $1,000 annually for the next 15 years starting one year from now.
What rate of interest will barbara's investment be earing for her?
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View Policies Current Attempt in Progress Barbara Jones made an investment of $7,606.08. From this investment, she will receive $1,000 annually for the next 15 years starting one year from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided) What rate of interest will Barbara's investment be earning for her? (Hint:Use Table 4.) (Round answer to decimal places, eg. 25%) Rate of interest % e Textbook and Media Sove for Later Attempts: 0 of 3 used Suburit

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