Answer to Question #59536 in Accounting for Ani Hallowell
You plan to retire in 40 years and want to have $10,000,000 on the day you retire. If you plan to invest $64,615 at the end of each of the next forty years, approximately what rate of return must you earn in order to meet your objective? Show your work.
Dread it, run from it, the end of summer arrives all the same. And now it's here. It’s finally August.…
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