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Do Homework-Johnni X https://www.math.com/Student/Player Homework aspshomeworkid-546580351&questionid2ushed-talse&cd=5730706back-Dossig Principles of Financial Planning (1) Johnna Phillips & 9/28/19 7:15 PM Save Homework: Module 1 Problems: Time Value of Money Score: 0.5 of 1 pt 3 of 3 (2 complete) Problem P3-6 (similar to) HW Score: 50%, 15 of 3 pts Question Help Ahmed Mustafa just turned 25 and wants to have $11,314 saved in 5 years by his 30th birthday. Assuming no additional deposits, if he currently has 37.700 in an intermediate-term bond fund earning a 7 percent yield, will he reach his goal? If not, what rate of return is required to meet his goal? Click on the table icon to view the FVIF table Assuming no additional deposits, if he currently has $7.700 in an intermediate-term bond fund earning a 7 percent yield, will he reach his goal? (Select the best choice below.) A. No, Ahmed will not reach his goal of having 511,314 by his 30th birthday B. Yes Ahmed will reach his goal of having $11,314 by his 30th birthday The rate of return required to meet his goal is % (Round to the nearest integer.) Enter your answer in the answer box and then click Check Answer Clear All parts showing AD 4 $15PM mm F