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8. You want to retire in 40 years as a millionaire (i.e., to have $1,000,000). If 5% is the rate of return on the investment

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8. You want to retire in 40 years as a millionaire (i.e., to have $1,000,000). If 5% is the rate of return on the investment during this time period, then how much should you invest per month starting at the end of this month? A) $525.25 B) $655.30 C) $996.28 D) $1,435.42

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