Question: Click here to read the eBook: Finding the Interest Rate, 1 FINDING THE REQUIRED INTEREST RATE Your parents will retire in 19 years, They currently
Click here to read the eBook: Finding the Interest Rate, 1 FINDING THE REQUIRED INTEREST RATE Your parents will retire in 19 years, They currently have $390,000 saved, and they think they will need $1,300,000 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, 9
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