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3 DETERMINE the required rate of return. Text: You can invest $2,000 per year and wish to have $30,000 by the end of ten (10)

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3 DETERMINE the required rate of return. Text: You can invest $2,000 per year and wish to have $30,000 by the end of ten (10) years. Compounding annually, what average rate of return do you need. Solution

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