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Problem 5-34 Annuity Interest Rate (LG5-8) What's the interest rate of a 5-year, annual $4,700 annuity with present value of $20,000? (Round your answer to

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Problem 5-34 Annuity Interest Rate (LG5-8) What's the interest rate of a 5-year, annual $4,700 annuity with present value of $20,000? (Round your answer to 2 decimal places.) Annuity interest rate Hints References eBook & Resources

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