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Stacey would like to have $1 million available to her at retirement. If she makes contributions of $300 per month to a tax-free investment account
Stacey would like to have $1 million available to her at retirement. If she makes contributions of $300 per month to a tax-free investment account for 30 years, what rate of return must she earn on her investments? Assume that interest is compounded quarterly. (I/Y)
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