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Question 3 What return would Sally need to earn per annum if she saves $300 at the beginning of each month for the next

Question 3 What return would Sally need to earn per annum if she saves $300 at the beginning of each month for the next year in her TFSA? She has already saved $5,750 and her goal is $10,000. Sally expects her savings rate will be compounded semi-annually. a) 8.16% b) 8.30% c) 8.41% I d) 8.48 %

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