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Business , 21.06.2019 21:00 jadenmenlovep7s7uj

Uture value of a portfolio. rachel and richard want to know when their current portfolio will be sufficient for them to retire. they have the following balances in their portfolio: money market account (mm): $36 comma 000 government bond mutual fund (gb): $140 comma 000 large capital mutual fund (lc): $107 comma 000 small capital mutual fund (sc): $77 comma 000 real estate trust fund (re): $88 comma 000 rachel and richard believe they need at least $1 comma 500 comma 000 to retire. the money market account grows at 2.0 % annually, the government bond mutual fund grows at 4.5 % annually, the large capital mutual fund grows at 9.0 % annually, the small capital mutual fund grows at 13.0 % annually, and the real estate trust fund grows at 3.5 % annually. with the assumption that no more funds will be deposited into any of these accounts, how long will it be until they reach the $1 comma 500 comma 000 goal? rachel and richard will need to invest their accounts for nothing or more years to reach $1 comma 500 comma 000. (round to the nearest whole number.)

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Uture value of a portfolio. rachel and richard want to know when their current portfolio will be suf...
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