What interest rate will make $7,500 per year accumulate to $279,600 in 15 years?

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Practical Financial Management

ISBN: 978-1305637542

8th edition

Authors: William R. Lasher

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Question Posted: Apr 25, 2017 09:16 AM

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What interest rate would you need to get to have an annuity of $7,500 per year accumulate to $279,600 in 15 years?
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What interest rate will make $7,500 per year accumulate to $279,600 in 15 years?

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