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answers the following question: 3) Suppose you want to retire at age 65 as a millionaire. If we assume you graduate and get a job

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3) Suppose you want to retire at age 65 as a millionaire. If we assume you graduate and get a job by the time you are 22, how much should your monthly deposits be if you find a savings account with an APR of 6% compounded monthly? 4) If I deposit $1500 into a savings account with an APR of 9% compounded monthly, how many years will it take to be $500,000?

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