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On the advice of your finance professor, you decide to start saving for your retirement immediately. At the end of every year, you deposit $8,000
On the advice of your finance professor, you decide to start saving for your retirement immediately. At the end of every year, you deposit $8,000 into the account. If you can earn 7% per year on the account and want $1,500,000 in the account upon retirement, how many years will it be until you can retire?
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