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1) A Freedom 35 financial planner claims you will need $1,175,000 to retire in 15 years time. How much should you invest today at 9%
1) A Freedom 35 financial planner claims you will need $1,175,000 to retire in 15 years time. How much should you invest today at 9% simple interest to reach your retirement goal?
2) How long will it take a sum of money to double if it earns 12% simple interest? (Answer in months)
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