Question: Please help me solve the follo wing: (Present value) Sarah Wiggum would like to make a single investment and have $2 million at the time
Please help me solve the follo
wing:
(Present value) Sarah Wiggum would like to make a single investment and have $2 million at the time of her retirement in 35 years. She has found a mutual fund that will earn 4% annually. How much will Sarah have to invest today? What if Sarah were a finance major and learned how to earn a 14% annual return? How soon could she then retire
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