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You have an investment opportunity that promises to pay you $16,000 in four years. Suppose...

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Accounting

image You have an investment opportunity that promises to pay you $16,000 in four years. Suppose the opportunity requires you to invest $13,200 today. What is the interest rate you would earn on this investment? Note: Use tables, Excel, or a financial calculator. (FV of \$1, PV of \$1, FVA of $1,PVA of $1,FVAD of $1 and

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