Question
Your parents will retire in 21 years. They currently have $280,000 saved, and they think they will need $1,650,000 at retirement. What annual interest rate
Your parents will retire in 21 years. They currently have $280,000 saved, and they think they will need $1,650,000 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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Handbook On Second Lien Loans & Intercreditor Agreements
Authors: Mark N. Berman, Jo Ann J. Brighton
1st Edition
0981865593, 978-0981865591
