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Sarah Wiggum would like to make a single investment and have $4 million at the...

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Accounting

Sarah Wiggum would like to make a single investment and have $4 million at the time of her retirement in 30 years. She has found a mutual fund that will earn 4 percent annually. How much will Sarah have to invest today? If Sarah invests that amount and could earn a 13 percent annual return, how soon could she retire, assuming she is still going to retire when she has $4million?percent annual return, how soon could she retire, assuming she is still going to retire when she has $4 million?
Click on the table icon to view the PVIF table W.
To have $4 million at retirement, the amount Sarah must invest today is ,(Round to the nearest cent.)
Data table
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