What expected rate of return must wilsons account earn in


Perkin's friend Wilson opened a retirement investment account at the same time as Perkins. Wilson plans to contribute only $4000 at the end of each year to his account, but he also wants to retire at the same time as Perkins and have $1 million in his account. What expected rate of return must Wilsons account earn in order for this to happen?

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Financial Management: What expected rate of return must wilsons account earn in
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