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You have $50,000 in savings for retirement in an imvestment earning a stated annual rate of 8% compounded semiannually. You aspire to have $1,000,000 in

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You have $50,000 in savings for retirement in an imvestment earning a stated annual rate of 8% compounded semiannually. You aspire to have $1,000,000 in savings when you retire. Assuming you add no more to your savings, how many years will it take to reach your goal? please round your answer to the nearest hundredth

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