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Suppose you currently have $ 1 0 5 , 7 0 0 to invest in your retirement account, and you hope to have $ 5

Suppose you currently have $105,700 to invest in your retirement account, and you hope to have $5,500,000 by the time you retire. If you can earn 11% per year in your retirement account, how long will it take to reach your savings goal?
29.2 years
43.0 years
33.1 years
37.9 years

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