Question: loejus completed his engineering degree and started to work for an engineering firm. Joe wants to retire early after 30 years working. He plans to

loejus completed his engineering degree and started to work for an engineering firm. Joe wants to retire early after 30 years working. He plans to invest $5,000 at the end of every year for a 30-year career. If Joe needs $3,954,750 (about $1,400,000 in today's dollars accounting for an expected 35% inflation rate) in savings at retirement, what interest rate must the investment earn

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