Your parents will retire in 30 years. They currently have $350,000 saved, and they think they will need $1,000,000 at re
Posted: Wed Mar 30, 2022 3:45 pm
Your parents will retire in 30 years. They currently have
$350,000 saved, and they think they will need $1,000,000 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.
$350,000 saved, and they think they will need $1,000,000 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.