Average annual rate of increase

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Tim paid $250 per month into his 401K retirement plan. After 30 years, he had accumulated $500,000. What the average annual rate of increase?

Reference no: EM13745607

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Average annual rate of increase : Tim paid $250 per month into his 401K retirement plan. After 30 years, he had accumulated $500,000. What the average annual rate of increase?

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