Question
You are told that if you invest $12,100 per year for 25 years (all payments made at the end of each year) you will have
You are told that if you invest $12,100 per year for 25 years (all payments made at the end of each year) you will have accumulated $606,000 at the end of the period. What annual rate of return is the investment offering?
Question 18 options:
|
| 5.35% |
|
| 5.00% |
|
| 4.36% |
|
| 5.94% |
|
| 6.63% |
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Mergers Acquisitions And Other Restructuring Activities
Authors: Donald DePamphilis
10th Edition
0128150750, 978-0128150757
