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Mr. Greg wants to purchase his dream house, which will cost $600,000 in 15 years. He is going to put aside $4,000 each month for
Mr. Greg wants to purchase his dream house, which will cost $600,000 in 15 years. He is going to put aside $4,000 each month for 10 years towards this. At what interest rate must he invest his money to achieve his goal of having enough to purchase the house after 10 years.
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