What is the rate of return from an investment that costs $25,000 and promises to pay...
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What is the rate of return from an investment that costs $25,000 and promises to pay the investor $6,000 at the end of each year for the next 8 years? A) 24.00% B 17.31% C) 24.93% (D) 4.17% What is the rate of return from an investment that costs $25,000 and promises to pay the investor $6,000 at the end of each year for the next 8 years? A) 24.00% B 17.31% C) 24.93% (D) 4.17%
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