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Business & Finance Assignment | Custom Assignment Help

Author:
November 14th, 2019

Mr. Wonderful needs $2,500,000 upon retirement in 10 years to live comfortably. He can invest $125,000 a year to his retirement. What interest rate would his investment need to earn in order for him to meet his goals?

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a) 4.8%

b) 13.7%

c) 14.7%

d) 23.7%

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e) This plan is not feasible Get business and finance assignment homework help today

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