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You have $50,000 in your retirement fund now. You want to retire in 25 years with $1,500,000 in your account. You plan to deposit $2000
You have $50,000 in your retirement fund now. You want to retire in 25 years with $1,500,000 in your account. You plan to deposit $2000 per year at the end of each of the next 25 years. You believe you can earn 10% for years 1-10. What percent return per year do you need to earn for years 11-15? 7
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