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?? If Wendell has $80,100,00 currently saved, wants to retire in 25 years with $931,000.00, and can $ave$9,630.00 annually for 25 years with his first
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If Wendell has $80,100,00 currently saved, wants to retire in 25 years with $931,000.00, and can $ave$9,630.00 annually for 25 years with his first savings contribution made in 1 year, then what annual return does he need to earn? Round the value to 2 decimal places and Please enter the value only without converting it to a decimal format. If the answer is 8.55%, enter 8.551 QUESTION 2 If Erik wants to retire in 25 years with $995,000,00 and can save $10,020.00 annually for 25 years with his first savings contribution made in 1 year, then what annual return does he need to earn?(Round the value to 2 decimal places and Please enter the value onlv without converting it to a decimal format. If the answer is 8.55%, enter 8.55 ) Step by Step Solution
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