Question: Mia finds a CD with 2.5% APR compounded annually. How much money will Mia need to invest in this CD if she wants to

Mia finds a CD with 2.5% APR compounded annually. How much money will Mia need to invest in this CD if she wants to have a yearly income of $40,000 when she retires? A. $1,500,000 B. $1,800,000 C. $1,600,000 D. $1,200,000

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