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Future value of a portfolio. Rachel and Richard want to know when their current will be sufficient for them to They have the Mowing balances

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Future value of a portfolio. Rachel and Richard want to know when their current will be sufficient for them to They have the Mowing balances in their portfolio Money market account (MM) $34,000 Government bond mutual fund (GB) $145,000 Largo capital mutual fund (LC) $108,000 Small capital mutual fund (SC). $72,000 Real estate trust fund (RE): $88,000 Rachel and Richard believe they need at least $2, 500,000 to retire The money market account grows at 3 5% annually, the government bond mutual fund grows at 5 5% annually, the large capital mutual fund grows at 9 5% annually small capital mutual find grow at Rachel and Richard will need to invest their accounts for or more years to reach $2, 500,000 (Round to the nearest whole number) Future value of a portfolio. Rachel and Richard want to know when their current will be sufficient for them to They have the Mowing balances in their portfolio Money market account (MM) $34,000 Government bond mutual fund (GB) $145,000 Largo capital mutual fund (LC) $108,000 Small capital mutual fund (SC). $72,000 Real estate trust fund (RE): $88,000 Rachel and Richard believe they need at least $2, 500,000 to retire The money market account grows at 3 5% annually, the government bond mutual fund grows at 5 5% annually, the large capital mutual fund grows at 9 5% annually small capital mutual find grow at Rachel and Richard will need to invest their accounts for or more years to reach $2, 500,000 (Round to the nearest whole number)

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