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At what periodic interest rate is a 1000 cash disbursement

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At what periodic interest rate is a $1,000 cash disbursement occurring four years ago equivalent to a cash receipt of $1,274.43 occurring today? The periodic interest rate is compounded annually.

Reference no: EM131137284

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At what periodic interest rate is a 1000 cash disbursement : At what periodic interest rate is a $1,000 cash disbursement occurring four years ago equivalent to a cash receipt of $1,274.43 occurring today? The periodic interest rate is compounded annually.
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