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Problem 5-34 Annuity Interest Rate (LG5-8) Whats the interest rate of a 9-year, annual $3,300 annuity with present value of
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Answer #1

number of a payment periods NPER $3,300.00 payments = pmt = pv initial amount $20,000.00 8.73% rate per period rate RATE(9,33

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