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Alec is 3 0 years old and wants to plan on having $ 2 , 0 0 0 , 0 0 0 for retirement at

Alec is 30 years old and wants to plan on having $2,000,000 for retirement at age 65. He currently has $10,000 saved for retirement and wants to know how much he needs to save per month to achieve his goal. Assume that his investments will earn an annual rate of 6%.(Assume that the payments are made at the end of each month)A. $1,460.08B. $17,947.72C. $17,257.98D. $4,761.90E. $1,346.78

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