What is the average annual compound rate of return

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Lola purchased a zero-coupon bond 9 years ago for $600. if the bond matures today and the face value $1000, what is the average annual compound rate of return (calculated semiannually ) that Lola realized on her investment ?

Stacey wants to withdraw $ 3000 at the beginning of each year for the next 5 years. she expects to earn 8% compounded annually on her investment. what lump sum should Stacey deposit today ?

Reference no: EM131843090

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