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Nova decides to invest for retirement, beginning with $8,000 this year. She plans to increase the amount she invests each year by 7% (each year
Nova decides to invest for retirement, beginning with $8,000 this year. She plans to increase the amount she invests each year by 7% (each year she will invest 7% more than she invested the prior year). She expects her investments to earn 12.5% annually. After 30 years, how much money will Nova have? $1,675,018.00 $2,127,571.52 $3,873,607.26 $240,000.00
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