Question
IRR) Your investment advisor has offered you an investment that will provide you with one cash flow of $59,000 at the end of 35 years
IRR) Your investment advisor has offered you an investment that will provide you with one cash flow of $59,000 at the end of 35 years if you pay premiums of $300 per year at the end of each year for 35 years. Find the internal rate of return on this investment. What is the internal rate of return on this investment?
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
10th Edition
0073530697, 9780073530697
