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(Power of Compounding) If you'd like to have $4,000,000 at retirement in 47 years and you expect to earn 14 percent annually, which is around
(Power of Compounding) If you'd like to have $4,000,000 at retirement in 47 years and you expect to earn 14 percent annually, which is around the average return over the past 50 years, what lump sum would you have to invest today?
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