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Parents wishing to save money for their child's education purchased an insurance policy that yield $10000 fifteen years now. The parents must pay $500 per

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Parents wishing to save money for their child's education purchased an insurance policy that yield $10000 fifteen years now. The parents must pay $500 per year for the 15 years starting 1 year from now. What will be the rate of return on the investment? Draw cash flow diagram

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