Question
You are told that if you invest $12,500 per year for 24 years (all payments made at the beginning of each year) you will have
You are told that if you invest $12,500 per year for 24 years (all payments made at the beginning of each year) you will have accumulated $504,000 at the end of the period. What annual rate of return is the investment offering?
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The Oxford Guide To Financial Modeling
Authors: Thomas S Y Ho, Sang Bin Lee
1st Edition
019516962X, 9780195169621
