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Check My Work ( 3 remaining) Your parents will retire in 17 years. They currently have $370,000 saved, and they think they will need $750,000

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Check My Work ( 3 remaining) Your parents will retire in 17 years. They currently have $370,000 saved, and they think they will need $750,000 at retirement. What annual interest rate must they eam to reach their goal, assuming they don't save any additional funds? Round your answer to two decimal places. W

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