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You have decided to start a retirement savings account. You invest $11,000 today. Your retirement savings account earns an effective annual rate of return of
You have decided to start a retirement savings account. You invest $11,000 today. Your retirement savings account earns an effective annual rate of return of 3%. You wish to have $1,500,000 when you retire. How many years will it be until toy can retire? show your work
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Get StartedRecommended Textbook for
Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
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