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please answer all questions in text Sarah Wiggum would hie to make e single imesenent and have $3.5 milion at the tme of her retirement
please answer all questions in text
Sarah Wiggum would hie to make e single imesenent and have $3.5 milion at the tme of her retirement in 30 years. She has found a mulual fund that will earn 6 percent annualy. Hew much will Sarah bave to inveat loday? if Sarah invests that amount and could earn a 14 percent annual retum, how soon could she retio, assuming she is otal going to rotire when she has $3.5 millon? Click on the table ion to view the PVIF table To have $3.5 milion at retirement, the amount Sanah must invest today is 5 (Round to the nearent cent) Step by Step Solution
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