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You have reached retirement age, and have saved $550,000. You would like to continue working until your retirement account reaches $1million. If you invest your
You have reached retirement age, and have saved $550,000. You would like to continue working until your retirement account reaches $1million. If you invest your money at an annual interest rate of 5%, how much longer must you continue working in order to meet your goal, assuming you save no additional funds? Assume annual compounding. Round your answer to two decimals
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