Solved: Karen wants to invest 750 per quarter for a period of 25, Finance Basics

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Karen wants to invest 750 per quarter for a period of 25

Karen wants to invest $750 per quarter for a period of 25 years in order to accumulate a value of $120,000. What minimum annual rate (compunded quarterly) would Karen need to receive to reach her goal? You may solve this by graphing or trial and error.

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Finance Basics: Karen wants to invest 750 per quarter for a period of 25

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