Question
suppose you wish to save $2,000 at the end of five years by making the following deposits: Year Deposits 1 100 2 400 3 400
suppose you wish to save $2,000 at the end of five years by making the following deposits:
Year Deposits
1 100
2 400
3 400
4 400
5 300
What interest rate must you earn?
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Fundamentals Of Financial Management
Authors: James Van Horne, John Wachowicz
13th Revised Edition
978-0273713630, 273713639
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