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please help, how do I findthe interest rate for question 5-3 - Your parents will retire in 18yars. They currently have $250,000 and they think
please help, how do I findthe interest rate for question 5-3 - Your parents will retire in 18yars. They currently have $250,000 and they think theywill need $1,000,000 at retirement. What annual interest ratemust they earn to rach their goal, assuming they don't save anyadditional funds?
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Bond Markets Analysis and Strategies
Authors: Frank J.Fabozzi
9th edition
133796779, 978-0133796773
