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help Cher 2 6.25 points OS B-2 (Algo) Interest rate...

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Cher 2 6.25 points OS B-2 (Algo) Interest rate on an investment LO P1 Ken Francis is offered the possibility of investing $5,502 today, in return, he would receive $11,000 after 9 years. What is the annual rate of Interest for this investment? (PV of $1. FV of $1. PVA of S1, and EVA of SD) (Use appropriate factor(s) from the tables provided. Round your "PV of a single amount to 4 decimal places and percentage answer to the nearest whole number.) eBook Present Value Future Value p (PV of a Single Amount) Interest Rate Hint 1 $ 11,000 % Print

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