Suppose you have $10,000 today and you want to be retiring in 40 years with $1,000,000. What rate of return do you have to achieve per year on average to get to your goal? 11% 14.80% O 12.20% 25.00%

Suppose you have $10,000 today and you want to be retiring in 40 years with $1,000,000. What rate of return do you have to achieve per year on average to get to your goal? 11% 14.80% 12.20% 25.00% Suppose you have $10,000 today and you want to be retiring in 40 years with $1,000,000. What rate of return do you have to achieve per year on average to get to your goal? 11% 14.80% 12.20% 25.00%