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3 March, 12:04

A deposit of $100,000 is made to an investment account today. at the end of each of the next four years, $10,000 must be paid out to a beneficiary, and the account liquidated at the end of year four. if the liquidation value is $120,000 the account has earned an annual internal rate of return of?

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  1. 3 March, 12:21
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    5000$ since 140k in four years. 5k / year total 20k
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