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What annual interest rate would you need to earn if you wanted a $400 per month contribution starting 1 month from today to grow to

"What annual interest rate would you need to earn if you wanted a $400 per month contribution starting 1 month from today to grow to $47,700 in eight years (Assume monthly compounding and that you are starting with no savings)?"

		3.50%
		5.00%
		5.30%
		5.03%
		Not possible to compute with the data provided

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