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Please post calculation (Formula) You want to be a millionaire when you retire in 40 years. How much do you have to save each month

Please post calculation (Formula)

image text in transcribed You want to be a millionaire when you retire in 40 years. How much do you have to save each month if you can earn an annual return of 10.5 percent? How much do you have to save each month if you wait 10 years before you begin your deposits? 20 years? Complete the following analysis. Do not hard code values in your calculations. All answers should be positive

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