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Assume that you currently have $5,000 in an investment account. You will add $1,000 at the end of each year for the next 25 years.

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Assume that you currently have $5,000 in an investment account. You will add $1,000 at the end of each year for the next 25 years. At the end of the 25th year, you wish to have $1,000,000 in the account. What is the approximate annual rate of interest that would have to be earned on the account to meet the $1,000,000 investment goal? O 15% O 20% O 4% O 28%

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