Multiple Choice
What annual rate of return would Grandma Zoe need to earn if she deposits $1,000 per month into an account beginning one month from today in order to have a total of $1,000,000 in 30 years?
A) 4.55%
B) 5.28%
C) 5.98%
D) 6.23%
Correct Answer:
Verified
Correct Answer:
Verified
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