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A local bank will pay you $162 at the end of each year for your lifetime if you deposit $2,400 in the bank today. If

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A local bank will pay you $162 at the end of each year for your lifetime if you deposit $2,400 in the bank today. If you plan to live forever, what interest rate is the bank paying? (Enter your answers as a percent rounded to 2 decimal places.) Interest rate

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