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With end - of - month contributions of $ 2 5 1 . 3 3 , a TFSA is expected to pass $ 1 0

With end-of-month contributions of $251.33, a TFSA is expected to pass $100,000
in value after 15 years and 5 months. Determine the nominal and effective rates of
return used in the projection. Round to the nearest 0.01%
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