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Suppose you invest $1,000 on December 31 every year commencing this year (2021) and plan to retire on December 31 2051. What is the value

Suppose you invest $1,000 on December 31 every year commencing this year (2021) and plan to retire on December 31 2051. What is the value of n you should use in the ordinary annuity formula (or NPER in the Excel formula)?

a.

29

b.

30

c.

31

d.

32

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