Jane would like to make a single investment and have 2


Jane would like to make a single investment and have $2 million at the time of her retirement in 35 years. she has found a mutual fund that will earn 4 % annually. How much will Jane have to invest today? What if Jane were a finance major and learned how to earn a 14% annual return, how much would she have to invest today?

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Financial Management: Jane would like to make a single investment and have 2
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