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You want to be a millionaire when you retire in 40 years. How much do you have to save each month if you can earn

You want to be a millionaire when you retire in 40 years. How much do you have to save each month if you can earn an 11% annual return? How much do you have to save if you wait ten years before you begin your deposits? 20 years? Assume that the APR is compounded monthly.

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