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Mathematics, 30.06.2019 06:30 gizmokris
Mark wants to be a millionaire by the time he retires at age 65. he assumes there is a 6% annual interest rate. if he starts saving at age 20, he will need to invest $4,700 each year. if he starts saving at age 30, he will need to invest $9,000 each year. how much more money will mark have to save if he starts saving at age 30 instead of age 20? a) $150,500 b) $103,500 c) $43,000 d) $4,482
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