Multiple Choice
What annually compounded rate of return must Thiva earn in her TFSA account in order for month end contributions of $950 to accumulate $1 million after 25 years?
A) 0%
B) 8.97%
C) 8.62%
D) 0.716%
E) 7.16%
Correct Answer:
Verified
Correct Answer:
Verified
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