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Elon Musk wants to save $36,000,000.00. He makes deposits of $1,404,473.19 every year into an investment account (at the start of each period) and it
Elon Musk wants to save $36,000,000.00. He makes deposits of $1,404,473.19 every year into an investment account (at the start of each period) and it takes him 22 periods to reach his target. a) The effective interest rate per period is?
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Financial Management for Public Health and Not for Profit Organizations
Authors: Steven A. Finkler, Thad Calabrese
4th edition
