Investment opportunity-what rate of return will you earn

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Reference no: EM131297360

Mitchell Investments has offered you the following investment opportunity: $6,000 at the end of each year for the first 5 years, plus $3,000 at the end of each year from years 6 through 10, plus $2,000 at the end of each year from years 11 through 20. If the investment costs 30,000 today what rate of return will you earn? using financial calculator not excel.

Reference no: EM131297360

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