Question
Your parents will retire in 18 years. They currently have $260,000, and they think they will need $1 million at retirement. What annual interest rate
Your parents will retire in 18 years. They currently have $260,000, 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? Round your answer to two decimal places.
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Fundamentals Of Futures And Options Markets
Authors: John C. Hull
5th Edition
0131445650, 9780131445659
