Question
If Tax Free Savings Account contributions of $11800 at the end of every year are projected to generate a plan worth $2,800,000 in 30 years,
If "Tax Free Savings Account" contributions of $11800 at the end of every year are projected to generate a plan worth $2,800,000 in 30 years, what effective rate of return was assumed in the forecast?
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Get StartedRecommended Textbook for
Modern Portfolio Theory and Investment Analysis
Authors: Edwin Elton, Martin Gruber, Stephen Brown, William Goetzmann
9th edition
9781118805800, 1118469941, 1118805801, 978-1118469941
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