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Algoe expects to invest $ 2 , 5 0 0 annually for 1 5 years to yield an accumulated value of $ 6 2 ,
Algoe expects to invest $ annually for years to yield an accumulated value of $ on the date of the last investment. For this to occur, what rate of interest must Algoe earn? PV of $ FV of $PVA of $ and FVA of $
Note: Use appropriate factors from the tables provided. Round "Table Factor" to decimal places.
tableFuture Value,,Annuity Payment,Table Factor,Interest Rate,
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