Jones expects an immediate investment of $57,466 to return $10,000 annually for eight years, with the first

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Jones expects an immediate investment of $57,466 to return $10,000 annually for eight years, with the first payment to be received one year from now. What rate of interest must Jones earn? (Use Table B.3.)

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Financial Accounting Information For Decisions

ISBN: 9780073043753

4th Edition

Authors: John J. Wild

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Jones expects an immediate investment of $57,466 to return $10,000 annually for eight years, with the first

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Financial Accounting Information For Decisions

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