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Suppose you have an annuity that will pay you $15,000 per year for 12 years, with the first payment due today. She needs money today

Suppose you have an annuity that will pay you $15,000 per year for 12 years, with the first payment due today. She needs money today to start a new business and her uncle offers her $156,000 for the annuity. If he sells it, calculate what rate of return would his uncle earn on his investment.

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