Find the internal rate of return to the nearest whole
An insurance firm agrees to pay you $3,310 at the end of 20 years if you pay a premium of $100 per year at the end of each of the 20 years. Find the internal rate of return to the nearest whole percentage point.
A. 5%
B. 11%
C. 9%
D. 3%
E. 7%
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