Hossein has a goal of accumulating $1463 at the time of his future retirement date. He has today placed $650 in a retirement account that will earn an interest rate of 5% each year. How long will Hossein need to wait (in years and in fractions of a year to at least 2 decimal places) before he can retire?

Jennifer Lawrey invests the amount of $35 million today in a real estate project that he expects to sell in 7 years for the amount of $168 million. What rate of return, in percent, will be earned on this investment?