QUESTION 2 "You want to retire in 25 years and you currently have $66,000 saved in your retirement account. You believe you will need $1,355,000 upon retirement - Assuming no additional contributions, what rate will you need to earn on the account to achieve this goal?" 13.42% 12.33% 11.20% 12.85% 1953.03% 78,12% QUESTION 3 "Joey has an outstanding credit card balance of $17.000 carrying an APR finance rate of 20% (note interest will be compounded monthly) and requiring minimum monthly payments of $400 per month. If only the minimum monthly payment of $400/month is made, how many months will it take to pay off this $17,000 credit card balance (assuming no new charges)?" 32.4 83.2 74.5 389 42.5