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What nominal rate of return compounded monthly must Rachel earn in her RRSP in order for month-end contributions of $600 to accumulate to $750,000 in
What nominal rate of return compounded monthly must Rachel earn in her RRSP in order for month-end contributions of $600 to accumulate to $750,000 in 25 years?
8.04% | ||
10.09% | ||
9.65% | ||
11.48% | ||
13.50% |
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