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Business, 19.03.2020 21:09 sp00ns

Sharon, age 34, is thinking about investing for retirement. She plans to retire when she turns age 65. At that time, she will need $2.60 million in assets. She has calculated that inflation will average 2.55% over her lifetime. If she can earn an average annual 7.35% rate of return, what will be her real rate of return?

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