Question: Suppose you currently have $ 2 6 , 5 0 0 to invest in your retirement account, and you hope to have $ 4 ,

Suppose you currently have $26,500 to invest in your retirement account, and you hope to have $4,500,000 by the time you retire. If you can earn 12% per year in your retirement account, how long will it take to reach your savings goal?
41.8 years
38.5 years
32.6 years
45.3 years

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