Question: View Policies Current Attempt in Progress In a book named Treasure, the reader has to figure out where a 2.2 pound, 24 kt gold horse

View Policies Current Attempt in Progress In a book named Treasure, the reader has to figure out where a 2.2 pound, 24 kt gold horse has been burled. If the horse is found a prize of $24,733 a year for 20 years is provided. The actual cost to the publisher to purchase an annuity to pay for the prize is $259,700. What interest rate (to the nearest percent) was used to determine the amount of the annuity! (Assume end-of-year payments.) (Round factor values to 5 decimal places, e.g. 1.25124. Round answer to the nearest whole dollar eg 5.275) Click here to view factor tables Interest rate Save for Later Attempts: 0 of 1 used Sub Arwe

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