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kindly answer as soon as possible, it would be very grateful Jenny has just given an insurance company $60,525. In return, she will recelve an

kindly answer as soon as possible, it would be very grateful image text in transcribed
Jenny has just given an insurance company $60,525. In return, she will recelve an annuity of $6,512 for 14 years. 0. At what rate of return must the insurance company invest this $60,525 to make the annual payments? (Use a Financial calculator or Excel to arrive at the answers. Round the final answer to 3 decimal places. Submit your calculations on Moodle) Rate of return b. What rate of return is required if the annuity is payable at the beginning of each year? (Use o Finoncial calculator or Excel to arrive ot the answers. Round the final answer to 2 decimal places. Submit your calculation on Moodle) Rate of return

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