What will be your rate of return on the investment

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Reference no: EM131937020

An investment offers to pay you $10,000 a year for five years. If it costs $33,520, what will be your rate of return on the investment?

Solve without using excel nor a financial calculator.

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131937020

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