If you initially deposit $10,000 and contribute $1,000 per month for ﬁve years to a plan in order to accumulate $100,000, what rate of return will be required to make this happen?

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The Answer of If you initially deposit $10,000 and contribute $1,000 per month for ﬁve years to a plan in order to accumulate $100,000, what rate of return will be required to make this happen?

If You Initially Deposit $10,000 and Contribute $1,000 Per Month