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You are told that if you invest $11,200 per year for 18 years (all payments made at the end of each year) you will have
You are told that if you invest $11,200 per year for 18 years (all payments made at the end of each year) you will have accumulated $631,000 at the end of the period. What annual rate of return is the investment offering? 11.07% 12.10% 9.66% 13.45% 15.00% You are valuing an investment that will pay you $23,000 per year for the first 9 years, $35,000 per year for the next 10 years, and $48,000 per year the following 18 years (all payments are at the end of each year). Another similar risk investment alternative is an account with a quoted annual interest rate of 12.00% with monthly compounding of interest. What is the value in today's dollars of the set of cash flows you have been offered? $219,697.02 $234,266.51 $1,421,000.00 $277,137.28 $200,168.15
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