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To save for retirement, Karla Harby put $450 each month into an ordinary annuity for 20 years. Interest was compounded monthly. At the end of
To save for retirement, Karla Harby put $450 each month into an ordinary annuity for 20 years. Interest was compounded monthly. At the end of the 20 years, the annuity was worth $187,376. What annual interest rate did she receive?
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