question archive Sarah Wiggum would like to make a single investment and have ?$1
Sarah Wiggum would like to make a single investment and have ?$1
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Sarah Wiggum would like to make a single investment and have ?$1.5 million at the time of her retirement in 26 years. She has found a mutual fund that will earn 6 percent annually. How much will Sarah have to invest? today? If Sarah earned an annual return of 16 ?percent, how soon could she then? retire?
