Question: Assume the following future values will be received at the end of each year. What is the interest rate if the future value of

Assume the following future values will be received at the end of

Assume the following future values will be received at the end of each year. What is the interest rate if the future value of these amounts at the end of year 3 is equal to $2,006? Yr. 1= $400; Yr. 2 = $500; Yr. 3 = $1,000

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