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Chmy wo You feel that you will need $2.5 million in your retirement account and when you reach that amount, you plan to retire. You
Chmy wo You feel that you will need $2.5 million in your retirement account and when you reach that amount, you plan to retire. You feel you can earn an APR of 10.5 percent compounded monthly and plan to save $350 per month until you reach your goal. How many years will it be until you reach your goal and retire? Multiple Choice 39.71 years 36.65 years 41.57 years 49.60 years 34.03 years
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