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The Time Value of Money 4. Randy wants to retire in 20 years with $1,000,000. If he can earn 10% per year on his investments,
The Time Value of Money 4. Randy wants to retire in 20 years with $1,000,000. If he can earn 10% per year on his investments, how much does he need to deposit each year to reach his goal? Round your answer to the nearest dollar. (Please solve this problem using calculator functions and list the 5 factors and write down the solve factor with answer.)
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