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Lily is only 16-years-old and has nothing saved, but if she starts saving n$100 a month and earning 8% on return now at the age
Lily is only 16-years-old and has nothing saved, but if she starts saving n$100 a month and earning 8% on return now at the age of 16, how old will Lily be when she has a million dollars?
A. 65-69
B. 70-74
C. 75-79
D. 80 or older
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