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Suppose your goal is to get $1,000,000 at 60 years old. You are 20 years old. You believe you can earn 6% annual rate

Suppose your goal is to get $1,000,000 at 60 years old. You are 20 years old. You believe you can earn 6%

Suppose your goal is to get $1,000,000 at 60 years old. You are 20 years old. You believe you can earn 6% annual rate of return in stock market. How much do you need to invest in stock market today? $97,222 $85,392 $75,038 $66,298

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