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Problem 5.03 (Finding the Required Interest Rate) Question 3 of 20 Check My Work (2 remaining) eBook Your parents will retire in 18 years. They

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Problem 5.03 (Finding the Required Interest Rate) Question 3 of 20 Check My Work (2 remaining) eBook Your parents will retire in 18 years. They currently have $350,000 saved, and they think they will need $900,000 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

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