Robert Hobbes plans to invest $25,000 a year at the end of each year for the next

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Robert Hobbes plans to invest $25,000 a year at the end of each year for the next seven years in an investment that will pay him a rate of return of 11.4 percent. How much money will Robert have at the end of seven years?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Jun 08, 2012 01:27 AM

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Robert Hobbes plans to invest $25,000 a year at the end of each year for the next

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Fundamentals of corporate finance

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