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Mr. Fisher wants to build a house in 10 years. He estimates that the total cost will be $250,000. If he can put aside $15,000
Mr. Fisher wants to build a house in 10 years. He estimates that the total cost will be $250,000. If he can put aside $15,000 at the end of each year, what rate of return must he earn in order to have the amount needed
a between 7 and 9 %
b between 13 and 15%
c between 10 an 12 %
d between 15 and 17%
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