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You just opened a brokerage account You plan to deposit $3,000 at the end of every future quarter for the next 15 years, You savings

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You just opened a brokerage account You plan to deposit $3,000 at the end of every future quarter for the next 15 years, You savings goal is $500,000 and your money is compounded quarterly. What interest rate must you eam in order to reach your goal? 29.95% 2.78% 7.49% 12.27% 11.11%

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