Question: Can you please answer this using microsoft excel spreadsheets. Edna is considering the purchase of an annuity that will provide har with payments of $1,329.56

Can you please answer this using microsoft excel spreadsheets.

Edna is considering the purchase of an annuity that will provide har with payments of $1,329.56 at the beginning of each month for 15 yeart: Shopping around, she found a new annual interest rate of 5.2%. The price of the annuity changes to $220,000 due to a shit in interest rales. What is the new annual interest rate if the payment remains $1,329.56 at the beginning of each period? (do not enter the % sign in the answer box)

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