Question: Attempts: Keep the Highest: /1 1. Problem 5.03 (Finding the required Interest Rate) eBook Your parents will retire in 23 years. They currently have $350,000

Attempts: Keep the Highest: /1 1. Problem 5.03 (Finding the required Interest Rate) eBook Your parents will retire in 23 years. They currently have $350,000 saved, and they think they will need $1,550,000 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 Grade New Save & Continue Continue without saving MacBOOK

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