Question: Joe Nautilus has $ 2 1 0 , 0 0 0 and wants to retire. What approximate return must his money earn so he may

Joe Nautilus has $210,000 and wants to retire. What approximate return must his money earn so he may receive annual benefits of $30,000 for the next 10 years?
Joe Nautilus has $210,000 and wants to retire. What approximate return must his money earn so he may receive annual benefits of $30,000 for the next 10 years?
Greater than 10%
Between 8% and 10%
Between 6% and 8%
Lower than 6%

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