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12 10 10 points Algoe expects to invest $2,900 annually for 25 years to yield an accumulated value of $183,422.10 on the date of
12 10 10 points Algoe expects to invest $2,900 annually for 25 years to yield an accumulated value of $183,422.10 on the date of the last investment. For this to occur, what rate of interest must Algoe earn? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Future Value Annuity Payment || Table Factor Interest Rate % eBook Hint Print References
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Managerial Accounting
Authors: John J. Wild, Ken W. Shaw
2010 Edition
9789813155497, 73379581, 9813155493, 978-0073379586
