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You have just turned 30 and thinking that you will need at least 3 million dollars for your retirement when you turn 85. How much
You have just turned 30 and thinking that you will need at least 3 million dollars for your retirement when you turn 85. How much must you put away at the end of the month, if you can earn 6% compounded monthly? How much must you put away at the end of the month, if you can earn 6% compounded semiannually? ALL WORK MUST BE SHOW WITH A MATHEMATICAL FORMULA
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