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Joe wants to retire at age 65 with $1,000,000 in his Roth IRA. He plans to achieve this goal by depositing $2,000 at the end
Joe wants to retire at age 65 with $1,000,000 in his Roth IRA. He plans to achieve this goal by depositing $2,000 at the end of each year starting at age 20 (1st deposit just before his 21st birthday) with his last deposit at age 65. What annual rate of return must he earn in order to reach her goal?
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