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A client is planning to invest $55 thousand at the end of this year into an investment account. He tells you that he plans to

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A client is planning to invest $55 thousand at the end of this year into an investment account. He tells you that he plans to retire in 35 years, and expects to have 490 thousand in that account at that time. What rate of return is he expecting to earn, assuming no withdrawals or further contributions to that account? Enter answer in percents, accurate to two decimal places

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