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Question - 5 : Marks 1 5 + 5 Luis wants to have $ 2 , 0 0 0 , 0 0 0 in net
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Luis wants to have $ in net worth when he retires. To achieve this goal, he plans to invest $ each year starting one year from now into an account that earns interest compounded annually. Calculate the amount of time before Luis can retire as a multimillionaire is how many years? Draw the cash flow diagram?
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