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Timothy invests $2400 at time 0. He receives $700 at the end of each year for the first 3 years. He also pays $1033 at

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Timothy invests $2400 at time 0. He receives $700 at the end of each year for the first 3 years. He also pays $1033 at time 4 and receives $860 at times 7 and 8 . Compute the yield rate of his investment

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