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You would like to save a million dollars by depositing $25,000 at the end of year into an account that pays 8% interest annually. How

You would like to save a million dollars by depositing $25,000 at the end of year into an account that pays 8% interest annually. How long will it take you to achieve your savings goal? Group of answer choices

18.65 years

12.35 years

20.0 years

40.00 years

37.04 years

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