Question: Suppose that an annuity has a present value P = $ 1 5 0 , 0 0 0 . What interest rate r would allow

Suppose that an annuity has a present value P=$150,000. What interest rate r would allow for perpetual annual payouts of $6,000? Round to two decimal places.
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Suppose that an annuity has a present value P=$150,000. What interest

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