The investment of 50 000 $ made today. after 2 years it has started to earn 10 000 $ per year (from the 2nd year) until the 6th year. It earned 15 000 $ in the 7th year and 12 000 $ in the 8th year. What is the return rate of the investment?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 9EA: If you invest $12,000 today, how much will you have in (for further Instructions on future value in...
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Please use excel and explain how you solved it step by step thank you The investment of 50 000 $ made today. after 2 years it has started to earn 10 000 $ per year (from the 2nd year) until the 6th year. It earned 15 000 $ in the 7th year and 12 000 $ in the 8th year. What is the return rate of the investment?
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