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Please create a problem statement / situation based on the information and solve it manually. We need to calculate the return rate needed to reach

Please create a problem statement / situation based on the information and solve it manually. We need to calculate the return rate needed to reach an investment goal with particular inputs.

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Modify the values and click the Calculate button to use End Amount Additional Contribution Return Rate Starting Amount Investment Length Your Target $ 1000000 Results Starting Amount $ 20000 You will need an annual return rate of 32.594% to reach the target of $1,000,000.00. After 10 years End Balance $1,000,000.00 Additional Contribution $ 1000 Starting Amount $20,000.00 Contribute at the beginning Total Contributions $120,000.00 Total Interest $860,000.00 Me THE end of each month O year Calculate

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