QUESTION 6 You placed $300 into an account at the beginning of each month for twenty years. Today, the account balance is $100,000. What is your annual rate of return? O 2616% O 3.14% 3.12% 02596% 6. QUESTION 7 You borrow $10,000 to be repaid in 24 monthly installments of 5515. The annual interest rate is closest to O 125 percent 15 percent 1.77 percent O 21 percent