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QUESTION 5 You have decided to start saving for retirement. You have 30 years until retirement and would like to retire as a millionaire. You

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QUESTION 5 You have decided to start saving for retirement. You have 30 years until retirement and would like to retire as a millionaire. You are willing to take the risk to place your money into Large Company Stocks. How much will you need to invest each month to retire with $1,000,0007 instructions Use the following table and your financial calculator to solve the following Future Value questions all compounding is monthly. Average Return 17% 12% Investment Class Small Company Stocks Large Company Stocks Long-Term Corporate Bonds Long-Term Government Bonds US Treasury Bills Money Market Account 7% 6% 3% 196

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