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Valerie Cash has been investing in the stock market for several years, beginning when she was a freshman in high school. Her recent investments in
Valerie Cash has been investing in the stock market for several years, beginning when she was a freshman in high school. Her recent investments in Zoom and Peloton stock have been quite successful due to Covid. Valerie is a senior engineering student with plans to pursue an MBA. With an eye toward the future, Valerie is interested in knowing what annual investments are required for her to amass an investment portfolio valued at $2 million within 30 years. 1.- Valerie has only invested in the stock market. What other investment options might you suggest to her? 2.- Valerie wants to know how long it will take her to become a millionaire. What factors could affect this timeline? 3.- To reach her $2 million goal within 30 years, help Valerie to determine the necessary annual uniform savings and interest rate needed to reach her goal. Make sure to elaborate on how the % rate was calculated. Valerie Cash has been investing in the stock market for several years, beginning when she was a freshman in high school. Her recent investments in Zoom and Peloton stock have been quite successful due to Covid. Valerie is a senior engineering student with plans to pursue an MBA. With an eye toward the future, Valerie is interested in knowing what annual investments are required for her to amass an investment portfolio valued at $2 million within 30 years. 1.- Valerie has only invested in the stock market. What other investment options might you suggest to her? 2.- Valerie wants to know how long it will take her to become a millionaire. What factors could affect this timeline? 3.- To reach her $2 million goal within 30 years, help Valerie to determine the necessary annual uniform savings and interest rate needed to reach her goal. Make sure to elaborate on how the % rate was calculated
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