4. Imagine that your goal is to retire 34 years from today with $1,000,000 in savings. Assuming that you currently (i.e.,
today) have $5,000 in savings, what rate of return must you earn on that savings to hit your goal?
(Hint: Solve your future value formula for the discount rate, R)
Answers
Answered by
1
Answer:
I am not able to understand
Similar questions