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David is 5 0 years old and would like to retire at age 6 5 with $ 2 , 5 0 0 , 0 0

David is $50$ years old and would like to retire at age $65$ with $ $2, 500, 000 .$ What amount would he need to place in an investment account earning $11 %$ interest compounded quarterly in order to reach his retirement goal?

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David is 5 0 years old and would like to retire at age 6 5 with $ 2 , 5 0 0 , 0 0

David is 50 years old and would like to retire at age 65 with $2,500,000. What amount would he need to place in an investment account earning 11% interest compounded quarterly in order to reach his retirement goal?

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David is $50$ years old and would like to retire at age $65$ with $ $2, 500, 000 .$ What amount would he need to place in an investment account earning $11 %$ interest compounded quarterly in order to reach his retirement goal?