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can someone help me worh this time value personal finance problem? ...

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Accounting

can someone help me worh this time value personal finance problem?
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Time Value Personal Firunce Problen Misty needs to have $24,000 in 4 years to fulfill hor goul of purchasing a small saiboat. Sho is willing to invest a hump sum today and leave the money untouched for 4 years until it grows to $24,000, but she wonders what sort of investment retirn she will need to earn fo reach her goal. Use your calculator or spreadsheot to figure out the approximate amully compounded rate of retum needed if she can irvest $16,100 todiy The arnually compounded rate of retum Misty needs to earn to reach her gow is \%. (Round to two decimal places)

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