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Suppose you plan to retire in 29 years. Today, your retirement account has a balance of $500,000. If you can earn 3% per year in

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Suppose you plan to retire in 29 years. Today, your retirement account has a balance of $500,000. If you can earn 3% per year in your retirement account, how much more do you need to deposit now (year O) so that you can have $2.3 million when your retire? $566,497.87 $1,475,996,63 $475,996.63 $975,996.63

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