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A financial planner has offered you a new product that would require an initial investment on your part of $18.000 now and then provide you
A financial planner has offered you a new product that would require an initial investment on your part of $18.000 now and then provide you a guaranteed amount of $185,000 in 30 years when you retire. What annual rate of compound interest would you eam if you invested in this product? 10.354 6.459% 8.076% 9.76%
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