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What effective annual rate (EAR) of return would Grandma Zoe need to earn if she deposits...

What effective annual rate (EAR) of return would Grandma Zoe need to earn if she deposits $1,000 per month into an account beginning one month from today in order to have a total of $1,000,000 in 20 years?

11.74%

12.08%

12.77%

13.21%
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