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At what annual periodic interest rate is $3,000 cash receipt occurring today equivalent to 10 annual $500 cash disbursements? The first annual cash flow ($500)

At what annual periodic interest rate is $3,000 cash receipt occurring today equivalent to 10 annual $500 cash disbursements? The first annual cash flow ($500) occurs one year from today and every year thereafter until the end of the 10th year.

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