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MOCKEXAMMCQ15 Maria expects to have $750,000 in her retirement savings plan when she retires. From that, she plans to take out $4,500 at the beginning

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MOCKEXAMMCQ15 Maria expects to have $750,000 in her retirement savings plan when she retires. From that, she plans to take out $4,500 at the beginning of every month for 30 years. What annual effective rate of interest will her money have to earn over the 30 years? a. 6.225% b. 7.200% c. 5.045% d. 6.054% e. 8.008%

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