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Tim Johnson invests $17,667 in the Quality Company. The owner of the company promises him $3,000 a year in the form of an annuity for
| Tim Johnson invests $17,667 in the Quality Company. The owner of the company |
| |
| promises him $3,000 a year in the form of an annuity for the next 10 years. What rate of return | ||
| will he be receiving? |
| |
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Personal Finance Version 3.1
Authors: Rachel S. Siegel
3rd Edition
1453334807, 978-1453334805
