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You are not thrilled about spending your entire life working. So, you have decided that you will save $8 thousand a year, starting at the end of this year, and retire as soon as you can accumulate $1 million. If you can earn an average of 7.85 percent on your savings, how many years will pass before you get to retire? Enter answer in years, accurate to two decimal places.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92845119

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