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An investor wants to have $50,000 in four years. If he deposits 29,604 in the bank today, with annual compounding, what interest rate must the
An investor wants to have $50,000 in four years. If he deposits 29,604 in the bank today, with annual compounding, what interest rate must the bank pay to achieve this goal?
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Accounting For Decision Making And Control
Authors: Jerold Zimmerman
7th Edition
0078136725, 9780078136726
