a. If the goal is to retire in 30 years with $2 million in investments and you have $250,000 now, what average return must you achieve to reach your goal?

b. If your return averages 6%, what will your end result (state in $) be in 30 years?

c. What is the portfolio return of the below?

Return 2011 2012   2013

Investment    A         $5,000                        4%      4%      4%

                        B         $10,000                      6%      12%    (0%)

                        C         $5,000                        12%    14%    (2%)