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The Present Value equation can be solved for the rate of return as follows: Hint: ^ means raised to the power of Select one: a.
The Present Value equation can be solved for the rate of return as follows: Hint: ^ means "raised to the power of"
Select one:
a. i = [(FV/PV)^ (1/n)] - 1
b. i = (FV-1)/n + PV
c. i = n(FV/PV) - 1
d. i = ln(FV/PV) - n^(1/n)
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