Question: 1. Problem 5.03 (Finding the Required Interest Rate) rate must they earn to reach their goal, assuming they don't save any additional funds? Round your

1. Problem 5.03 (Finding the Required Interest Rate) rate must they earn to reach their goal, assuming they don't save any additional funds?

1. Problem 5.03 (Finding the Required Interest Rate) rate must they earn to reach their goal, assuming they don't save any additional funds? Round your answer to two decimal places. \% 2. Problem 5.05 (Time to Reach a Financial Goal) You have $23,732.75 in a brokerage account, and you plan to deposit an additional $5,000 at the end of every fur four $230,000. You expect to earn 10% annually on the account. How many years will it take to reach your goal? Round your answer to the nearest whole number. years

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