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If TFSA contributions of $10,000 at the end of every year are...

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If TFSA contributions of $10,000 at the end of every year are...

If TFSA contributions of $10,000 at the end of every year are projected to generate a plan worth $1,000,000 in 25 years, what effective rate of return was assumed in the forecast?

-the book says 10.11% compounded annually-

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Answered by thakurvikas on coursehero.com
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