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What is the future value equivalent of $1,000,000 in 30 years assuming a 3% interest rate? $1,567,987.39 $987,434.62 $3,864,123.84 $2,427,262.47 How much will you need to invest on an annual basis to have $1,000,000 at the end of 45 years assuming a 7% annual rate of return? $5,000.28 annually $3,499.57 annually $6,750.83 annually $4,259.16 annually