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Posted on Oct 03, 2024

Derek can deposit $ 1 5 , 8 7 4 . 0 0 on each birthday beginning with his 2 8 . 0 0 th

Derek can deposit $

15, 874.00

on each birthday beginning with his

28.00

th and ending with his

68.00

.

What will the rate on the retirement account need to be for him to have $

3, 088, 987.00

in it when he retires?

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