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Whats the interest rate of a 6-year, annual $4,500 annuity with present value of $20,000? (Use a time value of money calculator or a spreadsheet.
Whats the interest rate of a 6-year, annual $4,500 annuity with present value of $20,000? (Use a time value of money calculator or a spreadsheet. Round your answer to 2 decimal places.)
annuity interest rate %
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