A financial asset will pay you $10,000 at the end of 10 years if you pay premiums

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A financial asset will pay you $10,000 at the end of 10 years if you pay premiums of $185 per year at the end of each year for 10 years. What is the IRR of this financial asset?

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Using Excel & Access for Accounting 2010

ISBN: 978-1111532673

3rd edition

Authors: Glenn Owen

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Posted Date: Apr 06, 2024 03:58 AM

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A financial asset will pay you $10,000 at the end of 10 years if you pay premiums

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To find the Internal Rate of Return IRR of this financial asset we need to calculate the rate ... View the full answer

Using Excel & Access for Accounting 2010

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