You are starting a retirement account and you want to have $7,500,000 when you retire so...

 

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You are starting a retirement account and you want to have $7,500,000 when you retire so that you can buy a yacht and travel around the world. You commit to adding $4,500 at the end of each month to your account until you retire. You can earn an average 6.3% (APR) on your account, which is compounded monthly. In how many years can you retire with enough to buy the boat? 34.91 36.24 36.17 O 11.57 37.27 You are starting a retirement account and you want to have $7,500,000 when you retire so that you can buy a yacht and travel around the world. You commit to adding $4,500 at the end of each month to your account until you retire. You can earn an average 6.3% (APR) on your account, which is compounded monthly. In how many years can you retire with enough to buy the boat? 34.91 36.24 36.17 O 11.57 37.27

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