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You are 20 years old and plan to retire with $1,000,000. You have $32,500 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 $32,500 available for investment now. You deposit this into an account that pays 10.25% interest compounded annually? How old will you be when the account has the target amount? (Answers are rounded.)

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