Question: Question 11 (5 points) Consider a growing annuity that will earn 13% annually and grow at 6% per year. Calculate the adjusted monthly rate. Express

 Question 11 (5 points) Consider a growing annuity that will earn

Question 11 (5 points) Consider a growing annuity that will earn 13% annually and grow at 6% per year. Calculate the adjusted monthly rate. Express your answer as a percentage to 2 decimal places. For example: 0.98 % or 2.13 %. Your Answer: Answer units

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