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You have $ 1 0 , 0 0 0 and want to reach $ 3 0 , 0 0 0 in 1 0 years. What

You have $10,000 and want to reach $30,000 in 10 years. What annual rate of return do you need to achieve to be able to reach your goal if the interest is compounded monthly?
Question 31 options:
2.78
11.61
11.04
33.33

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