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How much will you have accumulated

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How much will you have accumulated, if you annually invest $3000 into an IRA at 12% interest compounded bi-annually for: a. 10 year b. 20 years c. 50 years d. How long will it take to earn your first million dollars? Your answer should be exact rounded within 2 decimal places. Please use logarithms to solve.

Reference no: EM132564651

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