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Georgia will retire in 15 years. She currently has $250,000 saved, and she thinks she will need $2,040,000 at retirement. What annual interest rate must

Georgia will retire in 15 years. She currently has $250,000 saved, and she thinks she will need $2,040,000 at retirement. What annual interest rate must Georgia earn to reach her goal, assuming that she doesnt save any additional funds.

a) 8.77%

b) 12.05%

c) 13.48%

d) 15.02%

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