What rate of return is the annuity fund offering

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Raul inherited an annuity worth $7046.13 from his uncle. The annuity will pay him seven equal payments of $1400 at the end of each year. What rate of return is the annuity fund offering?

Reference no: EM13856697

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What rate of return is the annuity fund offering : Raul inherited an annuity worth $7046.13 from his uncle. The annuity will pay him seven equal payments of $1400 at the end of each year. What rate of return is the annuity fund offering?

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