B eBook Your parents will retire in 23 years. They currently have $280,000 saved, and they think they will need $1,500,000 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. % eBook In its most recent financial statements, Nessler Inc. reported $80 million of net income and $800 million of retained earnings. The previous retained earnings were $776 million. How much in dividends were paid to shareholders during the year? Assume that all dividends declared were actually paid. Write out your answer completely. For example, 25 million should be entered as 25,000,000. Round your answer to the nearest dollar, if necessary. eBook What is the present value of a $900 perpetuity if the interest rate is 4%? If interest rates doubled to 8%, what would its present value be? Round your answers to the nearest cent. Present value at 4%: $ >Present value at 8%: $