calculate annuities for required return
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I need some help on computing rate of return. If I had 400.00 in a 12 year annuity. The rate of return I require is 9%. What annual cash flow from the annuity will provide the required return. I need to understand the formula and how you come to answer.
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Solution Summary
This solution helps calculate annuities for required return.
Education
- BE, Bangalore University, India
- MS, University of Wisconsin-Madison
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