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Question You would like to have $2 million when you retire 25 years from today. What level/constant amount would have to invest at the end of each of the next 25 years to achieve that goal if the annual interest rate is 6%? A) $156,453 B) $80,000 C) $43,322 D) $36,453 E) $32,398

/in /by

Question

You would like to have $2 million when you retire 25 years from today.  What level/constant amount would have to

invest at the end of each of the next 25 years to achieve that goal if the annual interest rate is 6%?

A) $156,453

B) $80,000

C) $43,322

D) $36,453

E) $32,398

 
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