If Barbara Oxford invests $4,172.65 now and she will receive $10,000 at the end of 15 years,

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If Barbara Oxford invests $4,172.65 now and she will receive $10,000 at the end of 15 years, what annual rate of interest will Barbara earn on her investment? (Hint: Use Table 3.)

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Accounting Tools for Business Decision Making

ISBN: 978-1118128169

5th edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Apr 07, 2014 11:24 AM

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If Barbara Oxford invests $4,172.65 now and she will receive $10,000 at the end of 15 years,

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Accounting Tools for Business Decision Making

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