Over the course of 33 years, you plan to accumulate 1 million and retire immediately after. You will save $1,036.53 every month into your investment
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Over the course of 33 years, you plan to accumulate 1 million and retire immediately after. You will save $1,036.53 every month into your investment account starting one month from now.
Attempt 1/3 for 10 pts.
Part 1
To achieve the goal in 33 years or sooner, your investment must earn ___ monthly rate of return or higher.
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