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our parents will retire in 17 years. They currently have $370,000 saved, and they think they will need $850,000 at retirement. What nnual interest rate

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our parents will retire in 17 years. They currently have $370,000 saved, and they think they will need $850,000 at retirement. What nnual interest rate must they earn to reach their goal, assuming they don't save any additional funds? Round your answer to two ecimal places

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