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FINDING THE REQUIRED INTEREST RATE Your parents will retire in 2 0 years. They currently have $ 2 6 0 , 0 0 0 saved,
FINDING THE REQUIRED INTEREST RATE Your parents will retire in years. They currently have $ saved, and they think they will need $ at retirement. What annual interest rate must they earn to reach their goal, assuming they don't save any additional funds? Round to Two decimal places.
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Advanced Finance Theories
Authors: Ser-Huang Poon
1st Edition
9814460370, 978-9814460378
