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You want to have $2.5 million in real dollars in an account when you retire in 50 years. The nominal return on your investment is

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You want to have $2.5 million in real dollars in an account when you retire in 50 years. The nominal return on your investment is 14 percent and the inflation rate is 4 percent. What real amount must you deposit each year to achieve your goal? Multiple Choice $2.464.68 O $500.55 O $2,587.92 O $2,563.27 $2,341.45

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