You have decided that you want to be a millionaire when you retire in 35...
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You have decided that you want to be a millionaire when you retire in 35 years. a. If you can earn an annual return of 12.8 percent, how much do you have to invest today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What if you can earn 6.4 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Investment b. Investment
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