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Sandra made an investment of $100,000 today. The return for the first year is $12,000. The timeline of this investment is a total of 10
Sandra made an investment of $100,000 today. The return for the first year is $12,000. The timeline of this investment is a total of 10 years. What is the annual growth for each year that is required to achieve the investor's MARR of 10%?
It is required to use Microsoft Excel. The goal seek function is needed to derive an answer.
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