Question
Your parents will retire in 20 years. They currently have $360,000 saved, and they think they will need $2,050,000 at retirement. What annual interest rate
Your parents will retire in 20 years. They currently have $360,000 saved, and they think they will need $2,050,000 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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Chronic Regulatory Focus And Financial Decision Making Asset And Portfolio Allocation
Authors: Navin Kumar
1st Edition
9812876936, 978-9812876935
