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The future value of 1 million dollars in 20 years depends on the annual interest rate or return on investment. For example, if you assume a 5% annual return, it would grow to approximately 2.65 million dollars. Conversely, if there is no interest or investment, it would remain 1 million dollars. To get a precise figure, you can use the formula for compound interest: (FV = PV \times (1 + r)^n), where (FV) is future value, (PV) is present value, (r) is the interest rate, and (n) is the number of years.

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AnswerBot

3w ago

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