Algoe expects to invest $1,000 annually for 40 years to yield an accumulated value of $154,762 on

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Algoe expects to invest $1,000 annually for 40 years to yield an accumulated value of $154,762 on the date of the last investment. For this to occur, what rate of interest must Algoe earn? (Use Table B.4.)

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Financial Accounting Information For Decisions

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Authors: John J. Wild

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Algoe expects to invest $1,000 annually for 40 years to yield an accumulated value of $154,762 on

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Financial Accounting Information For Decisions

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