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Your parents will retire in 17 years. They currently have $220,000, and they think they will need $1 million at retirement. What annual interest rate

Your parents will retire in 17 years. They currently have $220,000, and they think they will need $1 million at retirement. What annual interest rate must they earn to reach their goal, assuming they don't save any additional funds? Do not round intermediate calculations. Round your answer to two decimal places. You sent You have $37,533.26 in a brokerage account, and you plan to deposit an additional $3,500 at the end of every future year until your account totals $300,000. You expect to earn 11% annually on the account. How many years will it take to reach your goal? Do not round intermediate calculations. Round your answer to the nearest whole number

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