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I want to have $3,000,000 when I retire in 20 years. If I am able to earn 10% on my investments with interest compounded semi
I want to have $3,000,000 when I retire in 20 years. If I am able to earn 10% on my investments with interest compounded semi annually, to determine how much I should deposit each year, I need to solve for: A $3,000,000(PV ann n = 20 1 = 10%) B $3,000,000 (FV ann n = 40 1 = 5%) C PMT (PV ann n = 20 1 = 10%) PMT (FV ann n = 40 I = 5%) Submit
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