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Compute the annual yield (I/Y) on a 5-year, $10,000 annuity due with monthly payments of $220.24. can you explain using excel and also manually. I

Compute the annual yield (I/Y) on a 5-year, $10,000 annuity due with monthly payments of $220.24.

can you explain using excel and also manually. I was able to find the answer here but it did not make sense. please explain better

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