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What's the interest rate of a 5-year, annual $5,700 annuity with present value of $23,500? (Use a time value of money calculator or a spreadsheet.

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What's the interest rate of a 5-year, annual $5,700 annuity with present value of $23,500? (Use a time value of money calculator or a spreadsheet. Round your answer to 2 decimal places.) Annuity interest rate 0.00%

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