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You wish to save $17,000 at the end of eight years by making deposits of $2,500 at the end of the first year, $2,700 at
You wish to save $17,000 at the end of eight years by making deposits of $2,500 at the end of the first year, $2,700 at the end of the second year, $3,700 at the end of the third year, $2,550 at the end of the fourth year. What must the interest rate be? Show your work below.
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