What is the interest rate of a 6-year, annual $10,000 annuity with a present value of $40,000?
A) 11.94%
B) 12.24%
C) 12.98%
D) 13.12%

Name: What is the interest rate of a 6-year, annual $10,000 annuity with a present value of $40,000? A) 11.94% B) 12.24% C) 12.98% D) 13.12%
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The Answer of What is the interest rate of a 6-year, annual $10,000 annuity with a present value of $40,000?
A) 11.94%
B) 12.24%
C) 12.98%
D) 13.12%

What Is the Interest Rate of a 6-Year, Annual $10,000