Homework: Chapter 5 Homework Question 13, Problem 5-29 (similar to) HW Score: 52 30%, 11 of 21 points @ Points: 0 of 1 Save (Solving for r of an annuity You lend a friend $50,000, which your friend will repay in 5 equal anual end-of-year payments of $15,000, win the first punyere to be received 1 year from now. What rate of return does your loan receive? elo The rate of return your loan will receive is 3% (Round to two decimal places.) Clear all Check