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As of today Jeff has $1,000 in his retirement account. He told you that if he deposits $250 at the end of each month for
As of today Jeff has $1,000 in his retirement account. He told you that if he deposits $250 at the end of each month for the next 40 years his retirement account will be worth $1,000,000. What APR did Travis assume he will earn?
I am required to use a Texas Instrument BA II Plus to complete this question. Using this calculator, how would I go about in solving this?
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