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You would like to know how much you need to save and invest monthly to have $1 million in your investment account in 40 years.

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You would like to know how much you need to save and invest monthly to have $1 million in your investment account in 40 years. The current balance in the investment account is $5,000. You expect to generate an annual rate of return of 12% in a stock portfolio. Assume that your saving and investing start today. $34 $35 $41 $105

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