You waqnt to accumulate 50000 by saving 3000 at the end of


(Solving for the interest rate of Ordinary annuity) You waqnt to accumulate $50,000 by saving $3,000 at the end of each of next 10 years. At what interest rate must you invest to meet your goal?

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Financial Management: You waqnt to accumulate 50000 by saving 3000 at the end of
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