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(Power of Compounding) If you'd like to have $7000000 at retirement in 49 years and you expect to earn 7 percent annually, which is around

(Power of Compounding) If you'd like to have $7000000 at retirement in 49 years and you expect to earn 7 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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