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eBook Your parents will retire in 24 years. They currently have $370,000 saved, and they think they will need $2,150,000 at retirement. What annual interest
eBook Your parents will retire in 24 years. They currently have $370,000 saved, and they think they will need $2,150,000 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 You have $31,052.77 in a brokerage account, and you plan to deposit an additional $6,000 at the end of every future year until your account totals $250,000. You expect to earn 13% annually on the account. How many years will it take to reach your goal? Round your answer to the nearest whole number. years
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