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Peter has opened a retirement investment account and plan to contribute $6,000 at the end of each year to his account for 30 years. He

Peter has opened a retirement investment account and plan to contribute $6,000 at the end of each year to his account for 30 years. He wants to retire when he has $1 million in the account. What expected annual rate of return must earn to have $1 million in his account? 12.18% 8.93% 11.24% 10.07% 9.26%

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