You need to have saved $861 exactly 9 years from today. If you deposit $462 in an account today, what is the annual interest rate must you earn? Enter your answer as a decimal, and show 4 decimal places. For example, if your answer is 6.5%, you should enter .0650.

Answer rating: 100% (QA)

You want to find the annual interest rate r that will allow you ... View the full answer