What average return must the fund provide to meet your


Your lifetime ?nancial goal is to have $1,250,000 invested in a mutual fund when you retire in 40 years. You plan to invest $1,000 in a mutual fund now, and then invest an additional $200 per quarter for 40 years. What average return must the fund provide to meet your investment goal?

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Financial Management: What average return must the fund provide to meet your
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