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Today, you turn 25. Your birthday wish is that you will be a millionaire by your 43th birthday. In an attempt to reach this goal,
Today, you turn 25. Your birthday wish is that you will be a millionaire by your 43th birthday. In an attempt to reach this goal, you decide to save SAR1000 a month, every month until you turn 43. You open an investment account and deposit your first SAR1000 today. What rate of return must you earn to achieve your goal? MUST SHOW WORK
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