Question: Solve without using excel 13. (1 point) You are told that if you invest $5,000 per year for 35 years you will have accumulated $1,000,000.

Solve without using excel 13. (1 point) You are told that

Solve without using excel

13. (1 point) You are told that if you invest $5,000 per year for 35 years you will have accumulated $1,000,000. What is the annual rate of return on the latter investment? Round to the nearest 0.01%

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