Brief Exercise 9-7 Solving for an Interest Rate You are required to pay $5,000 for college fees…


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Brief Exercise 9-7 Solving for an Interest Rate You are required to pay $5,000 for college fees… 1 answer below ยป Brief Exercise 9-7 Solving for an Interest Rate You are required to pay $5,000 for college fees for each of the next four years, and a not-quite- as-generous uncle offers to give you $15,187 toward your college fees. What annual interest rate do you need to earn to allow you to invest the money and meet the four payments? Jan 29 2016 12:14 PM

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