Answered You can hire a professional tutor to get the answer.
Susan, 20, wants to have $1,000,000 at age 50 (after 30 years).
Susan, 20, wants to have $1,000,000 at age 50 (after 30 years). If her grandmother offers her one time donation of $150,000 now, what is the required annual interest rate (compounded monthly) to realize her dream?