Your parents will retire in 19 years. They currently have $300,000 saved, and they think they will

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Your parents will retire in 19 years. They currently have $300,000 saved, and they think they will need $2,300,000 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. %

Posted Date: Jul 11, 2024 04:32 AM

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Your parents will retire in 19 years. They currently have $300,000 saved, and they think they will

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