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You got the following offer: Give us your $ 2 0 0 , 0 0 0 today and we will pay you a fixed amount
You got the following offer: Give us your $ today and we will pay you a fixed amount of $ every year for the next years. The first payment will come one year from today, the last payment will come years from today.
What rate of return will you be earning on this investment? Show your work.
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