Question: Your investment advisor has offered you an investment that will

Your investment advisor has offered you an investment that will provide you with a single cash flow of $10,000 at the end of 20 years if you pay premiums of $200 per year in the interim period. Specifically, the annual premiums begin immediately and extend through the end of Year 19. You then receive the $10,000 at the end of Year 20. Find the internal rate of return on this investment.


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  • CreatedOctober 31, 2014
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