Your parents will retire in $20$ years. They currently have $$285,000$ and they think

they will need $$1,200,000$ at retirement. What annual interest rate must they earn to

reach their goal, assuming they don$$t save any additional funds?

A$.7\mathrm{.}45\%$

B$.8\mathrm{.}19\%$

C$.10\mathrm{.}06\%$

D$.12\mathrm{.}23\%$

E$.$ None of the above

$10.$ Sole proprietorships are the most common form of business organization, while

corporations are responsible for the majority of business revenues.

A$.$ True

B$.$ False