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Question 16 You check your savings account balance and happy to see that you have...

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Question 16 You check your savings account balance and happy to see that you have $22,500. Your goal is to have $727,466 in your savings account when you retire, which is 22 years from today. If you can save $4,500 semi-annually for the next 22 years, what return rate would result in $727,466 in your savings account when you retire 22 years from today? 09.2% 06.4% 08.8% 08.3%

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