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Answers need to be in percentages as it says round to the two decimal places.. thank you!! (Click on the following icon in order to

Answers need to be in percentages as it says round to the two decimal places.. thank
you!! image text in transcribed
image text in transcribed
(Click on the following icon in order to copy its contents into a spreadsheet.) (Solving for r with annuities) Nicki Johnson, a sophomore mechanical engineering student, recelves a call from an insurance agent, who believes that Nicki is an older woman ready to retire from teaching. He talks to her about several annuities that she could buy that would guarantee her an annual fixed income. The annuities are as follows in the popup window: If Nicki could earn 8 percent on her money by placing it in a savings account, should she place it instead in any of the annuities? Which ones, if any? Why? a. What rate of return could Nicki earn on her money if she place it in annuity A with $9,000 payment per year and 15 years duration? \%. (Round to two decimal places.)

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