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Sarah Wiggum would like to make a single investment and have $ 1.6 million at the time of her retirement in 25 years. She has found a mutual fund...

 Sarah Wiggum would like to make a single investment and have

​$1.6 million at the time of her retirement in 25 years. She has found a mutual fund that will earn

88 percent annually. How much will Sarah have to invest​ today? If Sarah earned an annual return of

17 percent, how soon could she then​ retire?  

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