Problem
The value of an investment comes from its cash flows. Let's say you are intent on receiving $45,000 per year, starting at the end of year one and continuing over 10 years. A lump-sum of $380,000 invested now (year 0) will allow you to receive your desired annual amount. What interest rate is required to make this happen?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.