So you can retire early, you have decided to start saving $500 a month starting one month from now.You plan to retire as soon as you can accumulate $1 million.If you can earn 5 percent on your savings, how many years will it be before you can retire?
A) 33.39 years
B) 42.87 years
C) 44.76 years
D) 44.71 years
E) 33.87 years
Correct Answer:
Verified
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