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mantparn mantparn
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7 years ago
How long would it take for you to save an adequate amount for retirement if you deposit $40,000 per year into an account beginning today that pays 12 percent per year if you wish to have a total of $1,000,000 at retirement?
A) 12.2 years
B) 10.5 years
C) 14.8 years
D) 11.5 years
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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alovelyalovely
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7 years ago
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More solutions for this book are available here
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"It is better to fail in originality than to succeed in imitation."

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mantparn Author
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#2
7 years ago
Whoa I needed this Smiling Face with Open Mouth
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