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You have deposited $15,336 in a special account that has a guaranteed interest rate. If you withdraw $3,200 at the end of each year for

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You have deposited $15,336 in a special account that has a guaranteed interest rate. If you withdraw $3,200 at the end of each year for 6 years, you will completely exhaust the balance in the account. The guaranteed interest rate is (rounded to 2 decimal places)

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