Question: I am having issues with this homework finance assignment, could someone please help? (Related to Checkpoint 5.4) (Present value) Sarah Wiggum would like to make

(Related to Checkpoint 5.4) (Present value) Sarah Wiggum would like to make

I am having issues with this homework finance assignment, could someone please help?

(Related to Checkpoint 5.4) (Present value) Sarah Wiggum would like to make a single investment and have $22 million at the time of her retirement in 32 years. She has found a mutual fund that will eam 8 percent annually How much will Sarah have to invest today? If Sarah earned an annual return of 18 percent, how soon could she then retire?

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