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If you want to save $1,000,000 for retirement with $200 monthly deposits at eight percent interest compounded monthly, how long will it take? 44 years,

If you want to save $1,000,000 for retirement with $200 monthly deposits at eight percent interest compounded monthly, how long will it take?

44 years, 1 month

50 years, 1 month

44 years, 4 months

43 years, 3 months

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