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Question 8 (1 point) Patrick wants to save $500,000 in RRSP over the next 25 years. He plans to make contributions of $500 at the

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Question 8 (1 point) Patrick wants to save $500,000 in RRSP over the next 25 years. He plans to make contributions of $500 at the end of each month. What monthly compounded nominal rate (112) must he earn in order to realize his goal? Round your answer to 2 decimal places but don't include the % sign. Your

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