You want to retire in 25 years. You currently have

$150,000

, and think you will need

$1.3

million at retirement. What annual interest rate must you earn to reach your goal, assuming you don't save any additional funds?

9.02%

\ What annual interest rate must you earn if you can contribute an additional

$7,500

per year?

5.54%

\ What annual interest rate must you earn if you can contribute an additional

$15,000

per year?

3.69%_()

\ You want to retire in 35 years. You currently have

$250,000

, and think you will need

$2

million at retirement. What annual interest rate must you earn to reach your goal, assuming you don't save any additional funds?

6.12%

\ What annual interest rate must you earn if you can contribute an additional

$5,000

per year?

4.52%_()

\ What annual interest rate must you earn if you can contribute an additional

$13,000

per year?

3.02%

You want to retire in 25 years. You currently have $150,000, and think you will need $1.3 million at retirement. What annual interest rate must you earn to reach your goal, assuming you don't save any additional funds? 9.02% What annual interest rate must you earn if you can contribute an additional $7,500 per year? 5.54% What annual interest rate must you earn if you can contribute an additional $15,000 per year? 3.69% You want to retire in 35 years. You currently have $250,000, and think you will need $2 million at retirement. What annual interest rate must you earn to reach your goal, assuming you don't save any additional funds? 6.12% What annual interest rate must you earn if you can contribute an additional $5,000 per year? 4.52% What annual interest rate must you earn if you can contribute an additional $13,000 per year? 3.02%