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Please answer these two questions with full details thank you! Online Chapter 2 homework B 6 Help Save& Exit Submit 3 An A&E firm planning

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Online Chapter 2 homework B 6 Help Save& Exit Submit 3 An A&E firm planning for a future expansion deposited $38,000 each year for 5 years into a sinking (investment) fund that was to pay an unknown rate of return. If the account had a total of $455,000 immediately after the fifth deposit, what rate of return did the company make on these deposits? 1.25 The rate of return that the company made was Hint Reference links Print 2.7 Determining i or n for Known Cash Flow Values 3 of 4 ype hereto

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