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Other Fields Homework Help Finance Topic started by: nrod1120 on Mar 3, 2024



Title: You have currently accumulated $50,000 thus far for your retirement, and are planning to have ...
Post by: nrod1120 on Mar 3, 2024
You have currently accumulated $50,000 thus far for your retirement, and are planning to have $1,000,000 in 30 years when you retire. If you can add $6,000 each year to your retirement fund, what interest rate do you need to have in order to achieve your retirement goal?

▸ 6.17%

▸ 9.04%

▸ 7.24%

▸ 10.71%


Title: Re: You have currently accumulated $50,000 thus far for your retirement, and are planning to have ...
Post by: heathernhull on Mar 3, 2024
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