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    Exam 1: Tools for Financial Planning - Applying Time Value Concepts
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    Fred Is 29 and Just Sold an Antique for $29311
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Fred Is 29 and Just Sold an Antique for $29311

Question 14

Question 14

True/False

Fred is 29 and just sold an antique for $29311 that he purchased at age nine for $17800 .Fred's annual rate of return on this antique is 7.2 percent.

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