You will make 10 end-of-year deposits of 1000 to a savings, Ask an Expert

Economics

You will make 10 end-of-year deposits of $1000 to a savings account. Then for the next 5 years no more deposits will be made. At the end of the next 15 years the savings account will have $20000. Calculate the rate of return for this savings account. You need to use a linear interpolation

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91423929

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