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QUESTION 3 Joo plans to retire in 18 years. He currently has saved up $400,000, and he believes be will need 1,000,000 at retirement. What

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QUESTION 3 Joo plans to retire in 18 years. He currently has saved up $400,000, and he believes be will need 1,000,000 at retirement. What anul interest rate must Joe carn to reach his goal, assuming he does not save any additional funds between now and retirement? O a3.33% O b.5.229 2.22% d. 8.33% e. 40.00%

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