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To save for retirement, Karla Harby put $775 each month into an ordinary annuity for...

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Accounting

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To save for retirement, Karla Harby put $775 each month into an ordinary annuity for 19 years. Interest was compounded monthly. At the end of the 19 years, the annuity was worth $363,869. What annual interest rate did she receive? % The interest rate she received was approximately (Round to two decimal places as needed.)

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