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Assume that you are 31 years old and plan to retire at age 62. You currently have $89,732 saved for retirement and can save $458
Assume that you are 31 years old and plan to retire at age 62. You currently have $89,732 saved for retirement and can save $458 at the end of every month for retirement. What annual rate of interest must you earn in order to have $2,000,000 available at the start of retirement?
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