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Estimate the annual interest rate with an ordinary annuity. Data table (Click on the following icon in order to copy its contents into a spreadsheet.)
Estimate the annual interest rate with an ordinary annuity.
Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Annual Interest Rate Future Value Annuity Present Value Number of Payments or Years 10 20 30 100 ? ? ? ? $0.00 $25,000.00 $0.00 $1,044,010.06 $500.00 $346.97 $1,946.73 $400.00 $3,680.04 $0.00 $20,000.00 $0.00 Step by Step Solution
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