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Don would like to accumulate $500,000 by the time he retires in 25 years. If he can earn 7.9 percent compounded annually, how much does

Don would like to accumulate $500,000 by the time he retires in 25 years. If he can earn 7.9 percent compounded annually, how much does he have to invest today?

A. $76, 439

B. $74, 719

C. $73, 721

D. $71, 781

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