How Many Years Would It Take for Jughead to Save

question 106

Multiple Choice

How many years would it take for Jughead to save an adequate amount for retirement if he deposits $2,000 per month into an account beginning today that pays 12 percent per year if he wishes to have a total of $1,000,000 at retirement?

• A) 13 years
• B) 16 years
• C) 15 years
• D) 12 years

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Definitions:

Therapy Retention

The ability to keep individuals engaged and participating actively in their therapeutic treatment over time.

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