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Suppose you want to have $400,000 for retirement. Your account earns 4% interest compounded monthly. If you deposit $200 at the end of each month,
Suppose you want to have $400,000 for retirement. Your account earns 4% interest compounded monthly. If you deposit $200 at the end of each month, how long will it take you to reach your goal? Round to the nearest year. years ?
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