Hank made payments of $113 per month at the end of each month for 30 years to

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Hank made payments of $113 per month at the end of each month for 30 years to purchase a piece of property. He promptly sold it for $99625. What annual interest rate would he need to earn on an ordinary annuity for a comparable rate of return?

Posted Date: Jun 09, 2024 05:14 PM

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Hank made payments of $113 per month at the end of each month for 30 years to

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