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You want to be a millionaire and you have 41 years to achieve it. What lump sum could you invest now to reach your goal,

You want to be a "millionaire" and you have 41 years to achieve it. Whatlump sumcould you invest now to reach your goal, assuming that (on average) you receive an annual rate of return of 8% compounded monthly?

about $38,040

about $37,749

about $42,621

about $761,530

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