Question: 2. Problem 5,03 (Finding the Required Interest Rate) Your parents will retire in 26 years. They currently have $200,000 saved, and they think they will

2. Problem 5,03 (Finding the Required Interest Rate) Your parents will retire in 26 years. They currently have $200,000 saved, and they think they will need $2,050,000 at retirement. What annuat interest rate inust they earn to ceach their goal, assuming they don't sove any additional funds? Round your answer to two decimal places

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