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If TFSA contributions of $10900 at the end of every year are projected to generate a plan worth $1,900,000 in 35 years, what effective rate

If TFSA contributions of $10900 at the end of every year are projected to generate a plan worth $1,900,000 in 35 years, what effective rate of return was assumed in the forecast? (Round your answer to 2 decimal places.)

Effective rate of return

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