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Hank made payments of $ 2 4 6 per month at the end of each month for 3 0 years to purchase a piece of
Hank made payments of $ per month at the end of each month for years to purchase a piece of property. He promptly sold it for $ What annual interest rate would he need to earn on an ordinary annuity for a comparable rate of return?
Round to the nearest hundredth as needed.
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