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You decide you want your child to be a millionaire. You have a son today and deposit $10,000 in an investment that earns 7% per
You decide you want your child to be a millionaire. You have a son today and deposit $10,000 in an investment that earns 7% per year. The money will be distributed to your son whenever the total reaches $1,500,000. How old will your son be when he gets the money (rounded to the nearest year)
A) 60 years old
B) 49
C) 74
D) 82
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