An investment offers to pay you 10000 a year for five years


An investment offers to pay you $10,000 a year for five years. If it costs $33,520, what will be your rate of return on the investment?

Solve without using excel nor a financial calculator.

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Financial Management: An investment offers to pay you 10000 a year for five years
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