Solution-What annual interest rate did she receive

What annual interest rate did she receive

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To save for retirement, Karla Harby put $650 each month into an ordinary annuity for 15years. Interest was compounded monthly. At the end of the 15years, the annuity was worth $221,450. What annual interest rate did she receive?

Reference no: EM131435237

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What annual interest rate did she receive : To save for retirement, Karla Harby put $650 each month into an ordinary annuity for 15years. Interest was compounded monthly. At the end of the 15years, the annuity was worth $221,450. What annual interest rate did she receive?

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What annual interest rate did she receive

Reference no: EM131435237

Reference no: EM131435237

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