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Business, 15.04.2020 01:15 ryandelanomartinez

4. Your retirement account has a current balance of $66,500. What interest rate would you need to be earned in order to accumulate a total of $1,000,000 in 35 years, by adding $6,500 annually? Suppose deposits are made at the beginning of the year. Make sure to show your work. (4 points)

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4. Your retirement account has a current balance of $66,500. What interest rate would you need to be...
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