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You want to have $4 million in reat dollars in an account when you retire in 40 years. The nominal return on your investment is

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You want to have $4 million in reat dollars in an account when you retire in 40 years. The nominal return on your investment is 11 percent and the inflation rate is 4 percent. What real amount must you deposit each year to achieve your goal? Multiple choice 521,471,52 56,874,91 $2254510 $22.33039 $20.39795

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