Question
If you were to invest $1,000 each year for the next 40 years, then what rate of return is required for your investment to be
If you were to invest $1,000 each year for the next 40 years, then what rate of return is required for your investment to be worth $1,000,000? (Assume the first payment will begin one year from today)
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Get StartedRecommended Textbook for
Law and economics
Authors: Robert cooter, Thomas ulen
6th Edition
132540657, 978-0132540650
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