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Chris Seals has just given an insurance company $66,525. In return, she will receive an annuity of $9.471 for 10 years. 6. At what rate

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Chris Seals has just given an insurance company $66,525. In return, she will receive an annuity of $9.471 for 10 years. 6. At what rate of return must the insurance company invest this $66,525 to make the annual payments? (Use a Financial calculator to arrive at the answers. Round the final answer to 3 decimal places.) Rate of return b. What rate of return is required if the annuity is payable at the beginning of each year? (Use a Financial calculator to arrive at the answers. Round the final answer to 2 decimal places.) Rate of return %

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