Question: utions = Test: Term Test 2 Byl engin Rhoda, age 25, would like to start saving for retirement. She will be able to save $400

 utions = Test: Term Test 2 Byl engin Rhoda, age 25,

utions = Test: Term Test 2 Byl engin Rhoda, age 25, would like to start saving for retirement. She will be able to save $400 per month beginning immediately. She will retire once she has saved $1 million. Her investment portfolio will earn a rate of retum of 8% compounded monthly during the entire time that she is saving. Approximately how many years will it take her to reach her savings goal? tion: en 41 omputers the OA 38 years O B. 37 years OC. 36 years OD. 35 years

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