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if a company deposited $40,000 each year for 5 years into a sinking (investment) fund that was to pay an unkown rate of return. if
if a company deposited $40,000 each year for 5 years into a sinking (investment) fund that was to pay an unkown rate of return. if the account had a total of $451,000 immediately aferr the fifth deposit, what rate of return did the company make on these deposits? use the appropriate excel function to find the interest rate to get the anwser? please show work, thank you!
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