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undefined Score: 0 of 1 pt 16 of 16 (0 complete) HW Score: 0%, 0 of 16 pts P4-28 (similar to) Question Help Interest rate
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Score: 0 of 1 pt 16 of 16 (0 complete) HW Score: 0%, 0 of 16 pts P4-28 (similar to) Question Help Interest rate with annuity. What are you getting in terms of interest rate if you are willing to pay $12,000 today for an annual stream of payments of $2,200 for the next 25 years? The next 50 years? The next 125 years? Forever? What are you getting in terms of interest rate if you are willing to pay $12,000 today for an annual stream of payments of $2,200 for the next 25 years? % (Round to two decimal places.)Step by Step Solution
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