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Unformatted text preview: 10.83471 is in the 25 th row. Mike must leave the balance in the fund for 25 years. b) $1,000,000/$182,696 = 5.47357 Table 6-1 Future Value of 1 at 15 years 5.47357 at 15 years is located in the 12% column Serena must earn 12% on her initial investment to become a millionaire in 15 years....
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This note was uploaded on 04/04/2012 for the course ACC 422 taught by Professor Susan during the Spring '08 term at University of Phoenix.
- Spring '08