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What is my required initial investment amount if I want to accumulate $2,000,000 in 40 years and I make 4 deposits per year of $1,000
What is my required initial investment amount if I want to accumulate $2,000,000 in 40 years and I make 4 deposits per year of $1,000 each into a fund that offers a return of 7% APR compounded weekly? Choose the closest answer.
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