I need help solving a math homework question. The question is To save
Question
I need help solving a math homework question. The question is To save
for retirement, Karla Harby put $600 each month into an ordinary annuity for 16 years. Interest was compounded monthly. At the end of the 16 years, the annuity was worth $180,632.What annual interest rate did she receive? ( round two decimal places as needed)
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