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What's the interest rate of a 5 - year, annual $ 4 , 5 0 0 annuity with present value of $ 1 7 ,

What's the interest rate of a 5-year, annual $4,500 annuity with present value of $17,500?
Note: Use a time value of money calculator or a spreadsheet. Round your answer to 2 decimal places.
Answer is complete but not entirely correct.
\table[[\table[[Annuity interest],[rate]],9.08**,%
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