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Posted on Oct 06, 2024

Suppose you want to retire with $ 1 5 , 0 0 0 , 0 0 0 . If you can earn 1 7 %

Suppose you want to retire with $

15, 000, 000 .

If you can earn

17 %

per year in your retirement account and you have

40

years to retirement, then how much do you need to invest in your account today to reach your savings goal? Round your answer to the nearest whole dollar. $

67, 845

28, 097

41, 685

34, 598

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