Question: LO2 25. Calculating Present Values You have decided that you want to be a millionaire when you retire in 45 years. If you can earn

LO2 25. Calculating Present Values You have decided that you want

LO2 25. Calculating Present Values You have decided that you want to be a millionaire when you retire in 45 years. If you can earn an annual return of 11.4 percent, how much do you have to invest today? What if you can earn 5.7 percent

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