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Jamal plans to retire in 17 years. He is saving $2,000 every month in a retirement savings account paying him a long-term interest of 9%

Jamal plans to retire in 17 years. He is saving $2,000 every month in a retirement savings account paying him a long-term interest of 9% compounded monthly until retirement. The rate changes following the retirement. He wants $7,000 per month paid to him for 20 years after the retirement. At what rate should his savings account pay him to fulfill his dream?

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