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You want to have $2,330,000 at the end of 29 years. You have $9,000 to invest now, and you will receive $70,000 at the end

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You want to have $2,330,000 at the end of 29 years. You have $9,000 to invest now, and you will receive $70,000 at the end of 7 years. In addition, you plan to invest an equal amount at the end of every year over the next 29 years to reach your goal. If the annual rate of interest is 7.50%, how much do you have to invest annually? a. $20,084 b. $24,461 c. $17,706 d. $163,565 e. $23,631

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