You are told that if you invest 11000 per year for 23 years


You are told that if you invest $11,000 per year for 23 years (all payments made at the end of each year) you will have accumulated $366,000 at the end of the period. What annual rate of return is the investment offering?

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Business Economics: You are told that if you invest 11000 per year for 23 years
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