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Do NOT use excel. Show work 3). A fund received an initial deposit of 35000 . A withdrawal from the fund in the amount of

Do NOT use excel. Show work

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3). A fund received an initial deposit of 35000 . A withdrawal from the fund in the amount of 70000 takes place at the end of the fourth year. The value of the fund at the end of the eighth year is 14000 . Find the annual rate of return (annual interest rate) for this fund

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