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Israel has already saved $29,950 in his non-registered account today. Suppose he plans to continue adding $294 at the end of every month for the

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Israel has already saved $29,950 in his non-registered account today. Suppose he plans to continue adding $294 at the end of every month for the next 7 years. In order to achieve his goal of having $68,000 at the end of the 7 years, what annual nominal rate of return must his 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=

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