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What annual return will you need to earn to meet this goal

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Reference no: EM132007836

You plan on retiring in 30 years. You currently have $200,000 and think you will need $1,000,000 to retire. Assuming that you don't deposit any additional money into the account, what annual return will you need to earn to meet this goal? How do I solve for this question?

Reference no: EM132007836

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