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nrod1120 nrod1120
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4 months ago
You have currently accumulated $50,000 thus far for your retirement, and are planning to have $1,000,000 in 30 years when you retire. If you can add $6,000 each year to your retirement fund, what interest rate do you need to have in order to achieve your retirement goal?

▸ 6.17%

▸ 9.04%

▸ 7.24%

▸ 10.71%
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
Author:
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heathernhullheathernhull
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4 months ago
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nrod1120 Author
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4 months ago
Good timing, thanks!
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Yesterday
Thanks
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2 hours ago
Helped a lot
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