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Rate of return

What is the rate of return on an investment of $10,606 if the company will receive $2,000 each year for the next 10 years?
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What is the rate of return on an investment of $10,606 if the company will receive $2,000 each year for the next 10 years?

PVIFA (r%, 10 ...

Solution Summary

Calculates rate of return for an investment.

$2.19