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Sammy is 25 years old and has a dream of having $1,000,000 in his investment account by the time he turns 50. If he invests

Sammy is 25 years old and has a dream of having $1,000,000 in his investment account by the time he turns 50. If he invests in a fund that returns 7.5% per year (and compounds weekly), how much does he need to save per WEEK to get to $1,000,000?

a.

$300 per week

b.

$290 per week

c.

$261 per week

d.

$282 per week

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