What is the expected annual return for the account

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Question: Mathew plans to retire in 6 years from today with $1,000,000 in his retirement account. If he receives $175,000 per year from his account and he receives his first $175,000 payment in 6 years from today and his last $175,000 payment in 12 years from today, then what is the expected annual return for his account?

Reference no: EM131996223

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