Question
Your parents will retire in 19 years. They currently have $280,000 saved, and they think they will need $1,150,000 at retirement. What annual interest rate
Your parents will retire in 19 years. They currently have $280,000 saved, and they think they will need $1,150,000 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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Victorian Literature And Finance
Authors: Francis O'Gorman
1st Edition
0199281920, 978-0199281923
