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You have $7,653.52 in a brokerage account, and you plan to deposit an additional $4,000 at the end of every future year until your account

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You have $7,653.52 in a brokerage account, and you plan to deposit an additional $4,000 at the end of every future year until your account totals $230,000. You expect to earn 14% annually on the account. How many years will it take to reach your goal? Round your answer to the nearest whole number. years Your parents will retire in 24 years. They currently have $200,000 saved, and they think they will need $1,350,000 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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