What interest rate would you be expecting to
If you were to pay $50,000 right now for an investment promising to pay you $14,000 per year for 5 years (at end of each year) what interest rate would you be expecting to earn? please show detail in answer.
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if you were to pay 50000 right now for an investment promising to pay you 14000 per year for 5 years at end of each
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