Your parents will retire in 23 years. They currently have $230,000 saved, and they think they...
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Your parents will retire in 23 years. They currently have $230,000 saved, and they think they will need $1,000,000 at retirement, What annuel interest rate must they earn to reach their goat, assuming they don't save any additional funds? Round your answer to two decimal places. Your parents will retire in 23 years. They currently have $230,000 saved, and they think they will need $1,000,000 at retirement, What annuel interest rate must they earn to reach their goat, assuming they don't save any additional funds? Round your answer to two decimal places.
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