A woman made 10 annual end-of-year purchases of$1000 worth
Chapter , Problem 4-46(choose chapter or problem)
A woman made 10 annual end-of-year purchases of$1000 worth of common stock. The stock paid nodividends. Then for 4 years she held the stock. Atthe end of the 4 years she sold all the stock for$28,000. What interest rate did she obtain on herinvestment?
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