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Karen wants to have $150,000 a year during her retirement. She wants the cash payments to last as long as she lives (forever). She thinks

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Karen wants to have $150,000 a year during her retirement. She wants the cash payments to last as long as she lives (forever). She thinks her account can earn 5% annual interest a year while she is retired. Karen expects to invest $15,000 a year into her retirement account over the next 30 years while she works. About what annual interest rate must Karen earn on her retirement account while she works? O 10.00% 11.02% 12.16% 5.00%

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