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Today is January 1st. You decided that on December 31st each year, starting at the end of this year, you will be investing $2,300 in
Today is January 1st. You decided that on December 31st each year, starting at the end of this year, you will be investing $2,300 in a special investment account. Your goal is to have exactly $130,000 after making a total of 22 of such investments. This is exactly how much your dream antique car will cost you! - This is a(n) problem. - $130,000 that is given is , and $2,300 that is given is - The implied annual interest rate on this investment is percent (rounded to two decimal places). Notice that the answer needs to be in percent, not in decimals
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