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5 nowered out of 3_FIN410_01FV Chuck has a plan to retire in 35 years with $1,000,000. How much will Chack need to invest to achieve

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5 nowered out of 3_FIN410_01FV Chuck has a plan to retire in 35 years with $1,000,000. How much will Chack need to invest to achieve his goal if he receives an 8.5% retum (compounded annually) on his investment? Select one: a. Less than $40,000 b. Between $40,000 and $45,000 c. Between $45.000 and $50,000 d. Between $50,000 and $55,000 gosto e Greater than $55,000

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