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Use graphical approximation techniques or an equation solver to approximate the desired interest rate A person makes annual payments of $ 1000 into an ordinary

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Use graphical approximation techniques or an equation solver to approximate the desired interest rate A person makes annual payments of $ 1000 into an ordinary annuity At the end of 5 years, the amount in the annuity is $5908 86. What annual nominal compounding rate has this annuity earned? Type the interest rate % (Round to 2 decimal places)

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