Your goal is to retire 21 years from now and have investments worth $3.6 million at that

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Your goal is to retire 21 years from now and have investments worth $3.6 million at that time. Today,

you have $198,000 in your investment account and plan on adding an additional $12,000 to that account each

year.What annual rate of return must you earn on average to achieve your goal?

Related Book For answer-question

Principles Of Managerial Finance

ISBN: 978-0136119463

13th Edition

Authors: Lawrence J. Gitman, Chad J. Zutter

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Posted Date: May 15, 2024 09:30 PM

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Your goal is to retire 21 years from now and have investments worth $3.6 million at that

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Principles Of Managerial Finance

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