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You are about to begin regular month - end contributions of $ 3 5 0 to a retirement fund. The fund's long - term rate

You are about to begin regular month-end contributions of $350 to a retirement fund. The fund's long-term rate of return is expected to be 3.5% compounded semiannually. Rounded to the next higher month, how long will it take you to accumulate $500,000?

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