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To save forretirement, Karla Harby put $300 each month into an ordinary annuity for 17 years. Interest was compounded monthly. At the end of the

To save forretirement, Karla Harby put $300 each month into an ordinary annuity for 17 years. Interest was compounded monthly. At the end of the 17 years, the annuity was worth $92,514. What annual interest rate did shereceive? Please provide the formulae you use to calculate the interest rate as well.

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