Find present worth of a series of investments

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Reference no: EM131936851

An investment of $12,000 three years ago and $22,000 now are equivalent at what interest rate?

Find present worth of a series of investments that starts at $2,000 in year 1 and increase by 10% per year for 20 years. Assume an interest rate of 10% per year.

Reference no: EM131936851

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