You have currently accumulated $50,000 for retirement,and are planning to have $1,000,000 in 30 years when you retire.If you can add $6,000 each year,what interest rate do you require of your retirement fund?

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The Answer of You have currently accumulated $50,000 for retirement,and are planning to have $1,000,000 in 30 years when you retire.If you can add $6,000 each year,what interest rate do you require of your retirement fund?

You Have Currently Accumulated $50,000 for Retirement,and Are Planning to Have