Determine the rate that would be earned on a $25,000 investment if $100,000 is paid back in

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Determine the rate that would be earned on a $25,000 investment if $100,000 is paid back in 25 years. Based on your answer, what factors would you consider in whether to invest or not.

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Jun 06, 2023 05:36 AM

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Determine the rate that would be earned on a $25,000 investment if $100,000 is paid back in

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Expert Answer:

To determine the rate earned on a 25000 investment when 100000 is paid back in 25 years we can use the formula for compound interest Future Value FV P... View the full answer

Income Tax Fundamentals 2013

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