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3 of 7 (1 complete) Score: 0 of 1 pt Question Help P5-12 (similar to) (Related to Checkpoint 5.4) (Present value) Sarah Wiggum would like

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3 of 7 (1 complete) Score: 0 of 1 pt Question Help P5-12 (similar to) (Related to Checkpoint 5.4) (Present value) Sarah Wiggum would like to make a single investment and have $2.1 milion at the time of her retirement in 34 years She has found a mutual fund that will earn 8 percent annually. How much will Sarah have to invest today? If Sarah earned an annual return of 16 percent, how soon could she then retire? (Round to the nearest cent) a. 1 Sarah can earn 8 percent annually for the next 34 years, the amount of money she will have to invest today is su

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