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How much could you save for retirement

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Question - How much could you save for retirement if you chose to invest the money you spend on Starbucks coffee in one year? Assume you buy one venti cup of caffe latte for $5.35 each weekday for 50 weeks and can invest the total amount in a mutual fund earning 5% compounded annually for 30 years.

Reference no: EM133108731

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