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d) Assuming Max could somehow increase his rate of return, what annual rate would he need to achieve in order to reach his goal

d) Assuming Max could somehow increase his rate of return, what annual rate would he need to achieve in order to reach his goal in the original time frame of six years? (nearest 100th of a percent). Keep on END. What did you compute for I/Y? N= 6*1=6 |i/y= ???? PV= |PMT= 0 Is I/Y a percentage per year, month, or day? -2150 FV= 225000 Annual Rate:

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