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| rev | Admin | (Created page with "An annuity writer sells an annual perpetuity-immediate for 16,000. The first payment is 1,000 and the payments decrease by r% each year. The annual effective yield rate is 5.7%. Calculate r. <ul class="mw-excansopts"><li>0.52</li><li>0.55</li><li>0.62</li><li>0.73</li><li>0.91</li></ul> {{soacopyright | 2023 }}") | Nov 18'23 at 19:08 | +315 |