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Derek can deposit $11,783.00 on each birthday beginning with his 30.00th and ending with his 66.00th. What will the rate on the retirement account need
Derek can deposit $11,783.00 on each birthday beginning with his 30.00th and ending with his 66.00th. What will the rate on the retirement account need to be for him to have $3,088,584.00 in it when he retires?
Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
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