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Question 24 of 29 - 71 View Policies Current Attempt in Progress Consider the following independent situations. Click here to view factor tables John Finley

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Question 24 of 29 - 71 View Policies Current Attempt in Progress Consider the following independent situations. Click here to view factor tables John Finley wishes to become a millionaire. His money market fund has a balance of $143,833 and has a guaranteed interest rate of 10%. How many years must John leave that balance in the fund in order to get his desired $727,000? (Round answer to O decimal places, e.g. 45.) years e Textbook and Media Assume that Patricia Williams desires to accumulate $727,000 in 15 years using her money market fund balance of $174,038. At what interest rate must Patricia's investment compound annually? (Round answer to 0 decimal places, e.g. 5%.) Question 24 of 29

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