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8 of 17: You expect your retirement account to return about 7% compounded monthly on the $500 per month that you invest. How many years

image text in transcribed 8 of 17: You expect your retirement account to return about 7% compounded monthly on the $500 per month that you invest. How many years are required to accumulate $1,000,000? Select an answer: 25 years 37 years 50 years 30 years Chin

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