Solution-Receive to reach her goal

Receive to reach her goal

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Karen wants to invest $750 per quarter for a period of 25 years in order to accumulate a value of $120,000. What minimum annual rate (compunded quarterly) would Karen need to receive to reach her goal? You may solve this by graphing or trial and error.

Reference no: EM131097842

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Receive to reach her goal : Karen wants to invest $750 per quarter for a period of 25 years in order to accumulate a value of $120,000. What minimum annual rate (compunded quarterly) would Karen need to receive to reach her goal? You may solve this by graphing or trial and e..

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Receive to reach her goal

Reference no: EM131097842

Reference no: EM131097842

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