Mr fish wants to build a house in 8 years he estimates that


Mr. Fish wants to build a house in 8 years. He estimates that the total cost will be $150,000. If he can put aside $10,000 at the end of each year, what rate of return must he earn in order to have the amount needed?

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Financial Econometrics: Mr fish wants to build a house in 8 years he estimates that
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