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Find what rate of interest is lightspeed pos earning

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Reference no: EM132957572

Problem 1: Lightspeed POS is looking to expand. The company will purchase new equipment which will allow them to grow cashflows in the range of 18-20%. Four years ago the company invested a whopping three hundred thousand dollars in a high-risk investment. When the CFO went to look at the investment, she saw that the original investment had grown by 1.27683 times. What rate of interest is Lightspeed POS earning on their money?

Reference no: EM132957572

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