Calculate the annual rate of return on this investment

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Q. Write a four paragraph answer, citing the text, to - Would you be willing to pay $500 today in exchange for $10,000 in 30 years? Illustrate what would be the key considerations in answering yes or no? Would your answer depend on who is making the promise to repay? For purpose of comparison, calculate the annual rate of return on this investment. Respond to at least two of your fellow students' postings.

Reference no: EM1389342

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