Question: value: 2.50 points Problem 5-33 Annuity Interest Rate (LG8) What's the interest rate of a 5-year, annual $4,200 annuity with present value of $16,000? (Round
value: 2.50 points Problem 5-33 Annuity Interest Rate (LG8) What's the interest rate of a 5-year, annual $4,200 annuity with present value of $16,000? (Round your answer to 2 decimal places.) 15.80 Annuity interest rate References eBook & Resources Problem 5-33 Annuity Interest Difficulty: 3 Intermediate Worksheet Rate (LG8) Check my work
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