Question: financial mangement Problem 5.03 (Finding the Required Interest Rate) E O Icon Key Nave Problem 5.03 (Finding the Required Interest Rate) eBook Your parents will

financial mangement

Problem 5.03 (Finding the Required Interest Rate) E O Icon Key Nave Problem 5.03 (Finding the Required Interest Rate) eBook Your parents will retire in 23 years. They currently have $250,000 saved, and they think they will need $2,400,000 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. % Submit Assignment for Gradin Save Question 4 of 15 Check My Work Check My Work Question 4 of 15 Submit Assignment for Grading

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