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8.) A financial advisor has a client who wants to save $2,000,000 for retirement at...

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Accounting

8.) A financial advisor has a client who wants to save $2,000,000 for retirement at age 70. The client is currently 25. The investment can return 6% interest. What monthly payment does the client need to make? What is the payment if the client waits until age 40? **Please use Excel formulas to solve the problem (NPER, I/Y, PV, PNT, FV)

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