View Policies Current Attempt in Progress In a book named Treasure, the reader has to figure out where a 2.2 pound 24 kt gold horse has been buried. If the horse is found a prize , of $ 46,030 a year for 20 years is provided. The actual cost to the publisher to purchase an annuity to pay for the prize is $ 303,800. What interest rate (to the nearest percent) was used to determine the amount of the annuity? (Assume end-of-year payments.) (Round factor values to 5 decimal places, eg, 1.25124. Round answer to the nearest percent, eg. 5.) Click here to view factor tables Interest rate % Attempts: 0 of 1 used Submit Answer Save for Later