Calculate projected rates of return

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Andy and Sam are both 45 years old. They have two main financial goals: saving for retirement and saving for their eight-year-old daughter's college education. Sam recently inherited money from his aunt, and after taxes, has $400,000. Andy and Sam would like to aggressively invest this inheritance and an additional $1,000 each month from their combined incomes in hopes of achieving maximum return. Andy and Sam want to retire 20 years from now, and their daughter will need to begin drawing money from the college fund in 10 years. Calculate projected rates of return on each item in the proposed investment portfolio

Reference no: EM132681868

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