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Exactly 10 years ago, you deposited $2,987 into an account and promptly forgot about it. Today, you find the original confirmation letter while cleaning out

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Exactly 10 years ago, you deposited $2,987 into an account and promptly forgot about it. Today, you find the original confirmation letter while cleaning out your desk and decide to check your balance. After being put on hold for an hour with customer service and resetting your password twice, you find that your account has grown to $6,400! What is your annual rate of return over the last 10 years? Submit your answer as a percentage and round to two decimal places (Ex. 0.00%). 10 points Save Answer Question 2 You decide you want your child to be a millionaire. You have a son today and you deposit $23,000 in an investment account that earns 10.15% per year. The money in the account will be distributed to your son whenever the total reaches $1,000,000. How old will your son be when he gets the money (rounded to the nearest year)

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