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Contemporary Engineering Economics 6th Edition by Chan Park
Edition 6ISBN: 978-0134105598Contemporary Engineering Economics 6th Edition by Chan Park
Edition 6ISBN: 978-0134105598 Exercise 14
You established an investment fund with an initial deposit of $5,000. You contributed another $5,000 at the end of the first year. The fund value, including interest, is $11,500 at the end of two years. Find the internal rate of return from your investment fund.
Explanation
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The internal rate of return is the rate ...
Contemporary Engineering Economics 6th Edition by Chan Park
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