Solution-What annual interest rate did she receive

What annual interest rate did she receive

Reference no: EM131428921

To save for retirement Karla put $425 each month into an ordinary annuity for 17 years. Interest was compounded monthly. At the end of the 17 years, the annuity was worth $132,873. What annual interest rate did she receive?

Reference no: EM131428921

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What annual interest rate did she receive : To save for retirement Karla put $425 each month into an ordinary annuity for 17 years. Interest was compounded monthly. At the end of the 17 years, the annuity was worth $132,873. What annual interest rate did she receive?

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What annual interest rate did she receive

Reference no: EM131428921

Reference no: EM131428921

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