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Wait is evaluating an investment that will provide the following returns at the end of each of the following years: year 1 , $12, 600

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Wait is evaluating an investment that will provide the following returns at the end of each of the following years: year 1 , $12, 600 ; year 2 . $10,100; year 3,$7,600; year 4,$5,100; year 5,$2,600, year 6,$0; and year 7,$12,600. Walt believes that he should eam 12 percent compounded annually on this investment

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