# Joanne Quick made an investment of \$26,223.08. From this investment, she will receive \$2,700 annuall

Joanne Quick made an investment of \$26,223.08. From this investment, she will receive \$2,700 annually for the next 15 years starting one year from now. Click here to view the factor table Future Value of 1 Click here to view the factor table Future Value of an Annuity of 1 Click here to view the factor table Present Value of 1 Click here to view the factor table Present Value of an Annuity of 1 (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What rate of interest will Joanne&#39;s investment be earning for her? (Hint: Use Table 4.) (Round answer to 0 decimal places, e.g. 25%.) Rate of interest Table 4 Present Value of an Annuity of 1 4% 5% 6% 7% 8% 9% 10% 11% 12% 15% Payments 96154 1.88609 2.77509 3.62990 4.45182 5.24214 6.00205 6.73274 7.43533 8.11090 8.76048 9.38507 9.98565 10.56312 11.11839 11.65230 12.16567 12.65930 13.13394 95238 94340 93458 92593 1.85941 1.83339 1.80802 1.78326 2.72325 2.67301 2.62432 2.57710 3.54595 3.46511 3.38721 3.31213 4.32948 4.21236 4.10020 3.99271 5.075694.91732 4.76654 4.62288 5.78637 5.58238 5.38929 5.20637 6.46321 6.20979 5.97130 5.74664 7.10782 6.80169 .51523 6.24689 7.72173 7.360097.02358 6.71008 8.30641 7.88687 7.49867 7.13896 8.86325 8.38384 7.94269 7.53608 9.39357 8.85268 8.35765 7.90378 9.89864 9.294988.74547 8.24424 10.37966 9.71225 9.10791 8.55948 10.83777 10.105909.44665 8.85137 11.27407 10.47726 9.76322 9.12164 11.68959 10.82760 10.059099.37189 12.08532 11.15812 10.33560 9.60360 917439090990090 .89286 86957 1.75911 1.73554 1.71252 1.69005 1.62571 2.53130 2.48685 2.44371 2.40183 2.28323 3.23972 3.16986 3.10245 3.03735 2.85498 3.88965 3.79079 3.69590 3.60478 3.35216 4.48592 4.35526 4.23054 4.11141 3.78448 5.03295 4.86842 4.71220 4.56376 4.16042 5.53482 5.33493 5.14612 4.96764 4.48732 5.99525 5.75902 5.53705 5.32825 4.77158 6.41766 6.14457 5.88923 5.65022 5.01877 6.80519 6.49506 6.20652 5.93770 5.23371 7.16073 6.81369 6.49236 6.19437 5.42062 7.48690 7.10336 6.74987 6.42355 5.58315 7.78615 7.36669 6.98187 6.62817 5.72448 8.06069 7.60608 7.19087 6.81086 5.84737 8.31256 7.82371 7.37916 6.97399 5.95424 8.54363 8.02155 7.54879 7.11963 6.04716 8.75563 8.20141 7.70162 7.24967 6.12797 8.95012 8.36492 7.839297.36578 6.19823 18 13.59033 12.46221 11.46992 10.59401 9.81815 9.12855 8.51356 7.96333 7.46944 6.25933