Question

Find the rate of return for a falling anuity: N= 10 I=? PV= -500 PMT= 110...

Find the rate of return for a falling anuity:

N= 10

I=?

PV= -500

PMT= 110

FV= 0

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Answer #1

Using financial calculator
N=10
PV=-500
PMT=110
FV=0
CPT I/Y=17.68138%

Rate of return=17.68138%

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