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Homework answers / question archive /  In exchange for receiving $2000 now, Kassym pays 941 dollars immediately and pays $1000 at the end every year for two years

 In exchange for receiving $2000 now, Kassym pays 941 dollars immediately and pays $1000 at the end every year for two years

Finance

 In exchange for receiving $2000 now, Kassym pays 941 dollars immediately and pays $1000 at the end every year for two years. Find the yield rate in percents.

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