What interest rate must she earn on her investment that is


Assume Sheryl Jenkins wants to accumulate $ 12,404.90 in two years. She currently has $ 10,852.20 to invest. What interest rate must she earn on her investment (that is, if she deposits $ 10,852.20 today) to have $ 12,404.90 exactly two years from today? (Record your answer as a percent rounded to 1 decimal place; for example, record .527945 = 52.8% as 52.8).

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Financial Management: What interest rate must she earn on her investment that is
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