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Rate of Return Assignment | Homework for You

Author:
June 11th, 2020
Franklin Templeton has just invested $9,560 for his son (age one). This money will be used for his son’s education 17 years from now. He calculates that he will need $48,283 by the time the boy goes to school.
What rate of return will Mr. Templeton need in order to achieve this goal? (Do not round Intermediate calculations. Round your final answer to 2 decimal places.) Rate of return %. Get Finance homework help todayHomework For You

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