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You are 20 years old and plan to retire with $1,000,000. You have $30,000 available for investment now. You deposit this into an account that

You are 20 years old and plan to retire with $1,000,000. You have $30,000 available for investment now. You deposit this into an account that pays 10% interest compounded annually? How old will you be when the account has the target amount? (Answers are rounded.)

A.

57

B.

63

C.

55

D.

52

E.

61

F.

65

G.

54

H.

59

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