Saveing for retirement, You would like to have $2,000,000

Saveing for retirement

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Reference no: EM131969380

You would like to have $2,000,000 saved until your retirement in 30 years. If you put aside $19,000 annually at the end of the each 30 years assuming your investment returns 7% per year, can you meet your retirement goal? How much would you accumulate in 30 years? (Please show your work on how you reached the conclusion.)

Reference no: EM131969380

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