Question: 3. Problem 5,03 (Finding the Required Interest Rate) Your parents will retire in 28 years. They currently have $280,000 saved, and they think they wit

 3. Problem 5,03 (Finding the Required Interest Rate) Your parents will
retire in 28 years. They currently have $280,000 saved, and they think

3. Problem 5,03 (Finding the Required Interest Rate) Your parents will retire in 28 years. They currently have $280,000 saved, and they think they wit need $1,650,600 at retirement. What annual interist rate must cher ean to mach their goal, assuming they don't save any additional funds? Round your answer to two decimal places. You have $20,841,38 in a brokerage account, and you plan to depost an sdditional $3,000 at the end of every fucure year until your account totals 52.0,000. You eupect to eam 13.h annually on the account. How many years will it take to reach your poall pound your answer to the nearest ahole number. years

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