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Please try to use excel. Show all work and logic of how problem was worked thank you. Will rate thumbs up. Today is your 21st

Please try to use excel. Show all work and logic of how problem was worked thank you. Will rate thumbs up. image text in transcribed
Today is your 21st birthday and your parents gave you $10000. You just put this money in a brokerage account, and plan to add $5000 to the account each year on your birthday, starting on your 22nd birthday. Assume that you want to have $1000000 in the account by age 31. What annual rate of return will you need to earn on your investments in order to reach this goal? Your Answer: Answer units

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