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You want to know when your curreet porfolio will be suficient for you to retire. You have the following balances in your portiolio: Goverment bond

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You want to know when your curreet porfolio will be suficient for you to retire. You have the following balances in your portiolio: Goverment bond mutual fund (GB);$165,000 Large capital mutual fund (LC): $103,000 Small captal mutual fund (SC) $76,000 Real estate tust fund (fEE): 583,000 Your goal is to have $2,400,000 to retire. The government bond muAual fund grows at 6.0% amually, the large capilal mutual fund grows at 10.0% annualy, be smat capial mutial fund grows at 13.5% annualy; and the real estate truat fund grows at 5.0% anrualy. Assuming that there will be no addsonal investments into any of these accounts, how long will it be untl they reach the $2,400,000 goal? (Use excel solver) Answer. years (round to neasest tenths)

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