Mathematics
Mathematics, 18.08.2019 13:50, savannahbrookec2896

An annuity has an initial balance of $5000. annual withdrawals are made in the amount of $800 for 9 years, at which point the account balance is zero. what annual rate of interest, compounded annually, was earned over the duration of this annuity?

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An annuity has an initial balance of $5000. annual withdrawals are made in the amount of $800 for 9...

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