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You currently have $10,000 in your bank account. You will invest this $10,000 and $325 every quarter (every 3 months) for the next 42 years.
You currently have $10,000 in your bank account. You will invest this $10,000 and $325 every quarter (every 3 months) for the next 42 years. What is your annual rate of return (not quarterly return) if you have $450,000 at the end of 42 years from today? Group of answer choices 6.64% 8.10% 8.68% 7.29%
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