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Jane was born 18 years ago on August 1. Her parents contributed $2,000 into a Coverdell Education Savings Account (ESA) at her birth and on
Jane was born 18 years ago on August 1. Her parents contributed $2,000 into a Coverdell Education Savings Account (ESA) at her birth and on her birthday each year. Its Aug 5, and Jane is ready to withdraw her first tuition payment. If she discovers her ESA is $64,131.91, what was the average rate of return for the investment?
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