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Holly has already saved $33,000 in her non-registered account today. Suppose she plans to continue adding $945 at the end of every six months for
Holly has already saved $33,000 in her non-registered account today. Suppose she plans to continue adding $945 at the end of every six months for the next 10 years. In order to achieve her goal of having $68,000 at the end of the 10 years, what annual nominal rate of return must her investment earn? Enter the future value as a positive value in the FV box below. Enter PV and PMT as positive or negative values based on FV being positive. Report I/Y accurate to 3 decimal places. P/Y = C/Y = N = I/Y = PV = $ PMT = $ FV = $
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