Question $4$

$1$ pts

You already have $$71,000$ in your savings account. You decided that you need to have $$917,523$ in your savings account when you retire, which is $25$ years from today. You can save $$4,800$ semi$-$annually, for the next $25$ years. What return return would result in $$917,523$ in your savings account when you retire $25$ years from today?

$6\mathrm{.}0\%$

$3\mathrm{.}2\%$

$5\mathrm{.}8\%$

$6\mathrm{.}4\%$

$6\mathrm{.}6\%$