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Answer each component PLEASE. eBook Your parents will retire in 26 years. They currently have $260,000 saved, and they think they will need $850,000 at

Answer each component PLEASE. image text in transcribed
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eBook Your parents will retire in 26 years. They currently have $260,000 saved, and they think they will need $850,000 at retirement. What annual interest rate must they earn to reach their goal, assuming they don't save any additional funds? Round your answer to two decimal places. % eBook Find the present values of these ordinary annuities. Discounting occurs once a year. Do not round Intermediate calculations. Round your answers to the nearest cent. a. $300 per year for 14 years at 12%. $ b. $150 per year for 7 years at 6%. $ c. $300 per year for 6 years at 0%. $ d. Rework previous parts assuming they are annuities due. Present value of $300 per year for 14 years at 12%: $ Present value of $150 per year for 7 years at 6%: $ Present value of $300 per year for 6 years at 0%: $

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