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Santos invests $20 000 today to fund an ordinary annuity that will pay $4 310 per year for five years with annual compounding. What is

Santos invests $20 000 today to fund an ordinary annuity that will pay $4 310 per year for five years with annual compounding. What is the approximate rate of return? 21.55% 3.8.8% 1.50% 2.54%

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