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Eve is 20 years old and wants to save $2 million for retirement at age 60. Assume she invests in a savings account that earns
Eve is 20 years old and wants to save $2 million for retirement at age 60. Assume she invests in a savings account that earns 5.1% interest compounded semiannually. How much does Eve need to invest to get started?a) $273,477.34b)$266,794.47c) $66,794.26d) $173,277.43
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