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You would like to have $1,000,000 saved for retirement by your 65 th birthday. You furned 21 today and plan to save $3.757.69 each year,

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You would like to have $1,000,000 saved for retirement by your 65 th birthday. You furned 21 today and plan to save $3.757.69 each year, starting at the end of this year. What annual rate of refurn must you earn to reach your goal? LOI and LO 4 7.00% 8.90% 8.31% 7.82%

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