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Clara is setting up a retirement fund, and she plans on depositing $4.900 per year in an investment that will pay 8% annual interest. How

Clara is setting up a retirement fund, and she plans on depositing $4.900 per year in an investment that will pay 8% annual interest. How long will it take her to reach her retirement goal of $611897 PV of $1 FV of $1 PVA OLS1, and EVA.OR$1 (Use appropriate factor(s) from the tables provided.) Multiple Choice 9 years O 12.49 years 080 years 15 years

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