Question
Your parents will retire in 28 years. They currently have $320,000 saved, and they think they will need $2,450,000 at retirement. What annual interest rate
Your parents will retire in 28 years. They currently have $320,000 saved, and they think they will need $2,450,000 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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Entrepreneurial Finance Venture Capital Deal Structure And Valuation
Authors: Janet Kiholm Smith, Richard L. Smith
2nd Edition
1503603210, 978-1503603219
