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Mr. Creighton inherited $950,000. What annual rate of return must Mr. Creighton earn to make it work $3 million at the end of the 10th

  1. Mr. Creighton inherited $950,000. What annual rate of return must Mr. Creighton earn to make it work $3 million at the end of the 10th year?
  2. If Mr. Creighton invest the inheritance at 17% annual return, how long should he have to wait to make it worth $2 million?

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