Question: S has $29750 today. If she needs $117395 when she retires 35 years from now, what rate of interest she needs to earn? Assume interest

S has $29750 today. If she needs $117395 when she retires

S has $29750 today. If she needs $117395 when she retires 35 years from now, what rate of interest she needs to earn? Assume interest is compounded annually

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