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    Rate of return

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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?
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    Solution Preview

    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

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