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Derek can deposit $11,000 on each birthday beginning with his 26th and ending with his 65th. What will the rate on the retirement account need
Derek can deposit $11,000 on each birthday beginning with his 26th and ending with his 65th. What will the rate on the retirement account need to be for him to have $3.000.000 in it when he retires on his 65th birthday? Submit not submitted Attempts Remaining: Infinity Answer format: Percentage Round to: 4 decimal places (Example: 9.2434% % sign required Will accept decimal format rounded to 6 decimal places (ex: 0.092434)) Derek can deposit $13,535.00 on each birthday beginning with his 27.00th and ending with his 68.00th. What will the rate on the retirement account need to be for him to have $3,280.776.00 in it when he retires ? unaSEED Submit not_submitted Attempts Remaining: Infinity Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
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