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To save for retirement. Karla Harby put $550 each month into an ordinary annuity for 15 years. Interest was compounded monthly. At the end of the 15 years. the annuity was worth $185,403. What annual interest rate did she receive? The interest rate she received was approximately %. {Round to two decimal places as needed.)

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To save for retirement. Karla Harby put $550 each month into an ordinary annuity for 15 years. Interest was compounded monthly. At the end of the 15 years. the annuity was worth $185,403. What annual interest rate did she
receive? The interest rate she received was approximately %.
{Round to two decimal places as needed.)

 
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