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QUESTION
Alexa is saving for retirement, she is 30 years old and wants to retire at 60. She estimates that she will need to have $1.2 million to retire...
Alexa is saving for retirement, she is 30 years old and wants to retire at 60. She estimates that she will need to have $1.2 million to retire comfortably. She currently deposits $550 a month into her account 401k, what APR does she need to earn?
