Present value-make single investment

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Present value) Sarah Wiggum would like to make a single investment and have ?$2.12.1 million at the time of her retirement in 3030 years. She has found a mutual fund that will earn 55 percent annually. How much will Sarah have to invest? today? If Sarah earned an annual return of 1515 ?percent, how soon could she then? retire?

Reference no: EM131354609

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