A financial planner just offered you a new investment product that would require an initial investment on

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A financial planner just offered you a new investment product that would require an initial investment on your part of $35,000, and then 25 years from now will be worth $250,000. What annual rate of interest would you earn if you invested in this product?
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Financial Management Principles and Applications

ISBN: 978-0133423822

12th edition

Authors: Sheridan Titman, Arthur Keown, John Martin

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