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Sarah Wiggum would like to make a single lump-sum investment and have $1.8 million at the time of her retirement in 32 years. She has

Sarah Wiggum would like to make a single lump-sum investment and have $1.8 million at the time of her retirement in 32 years. She has found a mutual fund that expects to earn 6 percent annually. How much must Sarah invest today? If Sarah earned an annual return of 15 percent, how much must she invest today?

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