Compute how much you would pay at rate of return

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How much would you pay today for an investment that provides $1,000 at the end of each year for 15 years, if your required rate of return is 10 percent per year?

Now compute how much you would pay at an 8 percent rate of return.

Now compute how much you would pay at a 12 percent rate of return.

Reference no: EM13872430

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