# Fall0:7Suppose an investor wants to have $10 million to retire 45 years from now

Fall0:7Suppose an investor wants to have $10 million to retire 45 years

from now. How much would she have to invest today with an annual rate of return

equal to 15 percent?

A. $18,561

B. $17,844

C. $20,003

D. $21,345

Level of difficulty: Medium