If Colleen Mooney invests $4,379.25 now and she will receive $12,500 at the end of...
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If Colleen Mooney invests $4,379.25 now and she will receive $12,500 at the end of 18 years, what annual rate of interest will Colleen earn on her investment? (Hint: Use Present value of 1 factor table.) (Round answer to 0 decimal places, e.g. 25%.) (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Annual rate of interest
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