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Your parents are planning to retire in 5 years. They currently have $240,168 in their retirement account. Your parents feel that they need $1,298,157 before
Your parents are planning to retire in 5 years. They currently have $240,168 in their retirement account. Your parents feel that they need $1,298,157 before they can retire. What annual yield do they need to earn in order for them to reach their goal in 5 years (please respond without the "\%" sign, but with two significant decimal points - for instance instead of 12.77%, simply enter 12.77)
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