You have a retirement portfolio with a current balance of $10,000. You plan to retire 50 years from now and would like to have $3 million in your portfolio at that time. Suppose r = 8%. What MONTHLY fixed payment would you need to make into your portfolio in order to reach your financial goal? O $800.00 $4,4110.15 O $310.30 O None of the above QUESTION 8 You have a retirement portfolio with a current balance of $10,000. You plan to retire 50 years from now. Each MONTH, you plan to invest $100 into the portfolio until retirement. Calculate r if you desire to have $2 million in your portfolio upon retirement. Remember to annualize your rate of return after calculation. O 5% O 60% O 1.19% 0 14.32% O None of the above