You want to have $ 4,000,000 in your account when you retire so that you can buy a yacht and sail around the world . You currently only have $ 100,000 in your retirement account . You commit to adding $ 900 per month to your account until you retire . You can earn on average 8 % in your account . In how many years can you retire in order to have enough to buy the boat ? (APR)

You want to have $4,000,000 in your account when you retire so that you can buy a yacht and sail around the world. You currently only have $100,000 in your retirement account. You commit to adding $900 per month to your account until you retire. You can earn on average 8% (APR) in your account. In how many years can you retire in order to have enough to buy the boat? 3.88 years 46.58 years 431.58 years 35.97 years 326.33 years