Question: An engineer deposits $ 8 1 0 each month into a retirement account. After 3 0 years, the balance in the account is $ 1

An engineer deposits $810 each month into a retirement account. After 30 years, the balance in the account is $1.8 million. Determine the effective annual rate of return for this account. Express your answer in %(not decimal) to the nearest 0.1%.

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