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Alana has $100,000 to invest today. She expects to be able to earn 9% per year on this money annually. She needs $1,000,000 to retire,

Alana has $100,000 to invest today. She expects to be able to earn 9% per year on this money annually. She needs $1,000,000 to retire, and would like to be able to retire in 25 years. Does it appear she will be able to do so based on her retirement needs?

A) True

B) False

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