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If you wanted to have $1,000,000 to retire within 47 years, valued at today's price level, how large of a lump sum would you have

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If you wanted to have $1,000,000 to retire within 47 years, valued at today's price level, how large of a lump sum would you have to invest if your chosen investment portfolio is expected to earn 8% annually, and inflation is expected to average 3% annually over the same period? D O $142,045 O $46,030 O $100,949 O $200,000

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