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View Policies Current Attempt in Progress Consider the following independent situations. Click here to view factor tables Daniel wishes to accumulate $2,100,000. His money
View Policies Current Attempt in Progress Consider the following independent situations. Click here to view factor tables Daniel wishes to accumulate $2,100,000. His money market fund has a balance of $234,524 and has a guaranteed interest rate of 10%. How many years must Daniel leave that balance in the fund in order to get his desired $2,100,000? (Round answer to O decimal places, e.g. 45.) eTextbook and Media years Assume that Nancy desires to accumulate $2,100,000 in 14 years using her money market fund of $296,790. At what interest rate must Nancy's investment compound annually? (Round answer to O decimal places, e.g. 5%.) Interest rate eTextbook and Media %
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