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Jeff Bloor is 23 years old and wants to retire when he is 45 Jeff believes that $1 million will be sufficient for his retirement.

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Jeff Bloor is 23 years old and wants to retire when he is 45 Jeff believes that $1 million will be sufficient for his retirement. If Jeff can earn an interest rate of 7 percent annually, and he wants to have the $1 million when he is 45 years old, he has to invest OA. $226,000 today OB. 5141,000 today OC. $450,000 today OD. 5610,000 today

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