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How did they get this answer If you invest $25,000 today, and make 24 withdrawals of $1,200 at the end of each month beginning in

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How did they get this answer

If you invest $25,000 today, and make 24 withdrawals of $1,200 at the end of each month beginning in exactly one month, calculate the implied annual rate of return on your investment. 13.97% 15.20% 1.16% 15.26%

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