Imagine that your goal is to retire $34$ years from today with $$2,000,000$ in savings. Assuming that you currently $($i$.$e$.,$ today$)$ have $$40,000$ in savings, what rate of return must you earn on that savings to hit your goal?Imagine that your goal is to retire $34$ years from today with $$2,000,000$ in savings. Assuming that you currently

$($i$.$e$.,$ today$)$ have $$40,000$ in savings, what rate of return must you earn on that savings to hit your goal?

$0\mathrm{.}0526$

$0\mathrm{.}0833$

$0\mathrm{.}1219$

$0\mathrm{.}3530$

$3\mathrm{.}5300$

$0\mathrm{.}1335$

Incorrect