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Question 1 3 pts Your parents will retire in 19 years. They currently have $360,718, and they think they will need $1,326,010 at retirement. Assuming

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Question 1 3 pts Your parents will retire in 19 years. They currently have $360,718, and they think they will need $1,326,010 at retirement. Assuming they don't save any additional funds, the annual interest rate they must earn to achieve their goal would be %. Margin of error for correct responses: +/- .05. Do not round any intermediate work. Round your final answer to 2 decimal places (ex: if your answer is 3.45678%, then you should enter 3.46). Question 2 3 pts If you deposit money today in an account that earns 12.4% annual interest, it will take you .. years to double your money. Do NOT use the "rule of 72" here -- a more precise answer is needed. Margin of error for correct answers: +/- .05. Do not round any intermediate work. Round your final answer to 2 decimal places (ex: if your answer is 12.345678 years, then you should enter 12.35)

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