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You plan to live very well when you retire in thirty-five years and have calculated that you will require $3,000,000 at that time. If the

You plan to live very well when you retire in thirty-five years and have calculated that you will require $3,000,000 at that time. If the rate of interest available is 9%, how much do you need to invest today in order to live comfortable during your retirement? What if rates are only 4.5%?

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