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? If Mike has $79,100.00 currently saved, wants to retire in 25 years with $1,002,000.00, and can $ave$10,550.00 annually for 25 years with his first
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If Mike has $79,100.00 currently saved, wants to retire in 25 years with $1,002,000.00, and can $ave$10,550.00 annually for 25 years with his first savings contribution made in 1 year, then what annual return does he need to earn? Round the value to 2 decimal places and Please enter the value only without converting it to a decimal format. If the answer is 8.55%, enter 8.551 Step by Step Solution
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