![Business](/tpl/images/cats/ekonomika.png)
Your parents will retire in 19 years. they currently have $300,000, and they think they will need $1 million at retirement. what annual interest rate must they earn to reach their goal, assuming they don't save any additional funds? do not round intermediate calculations. round your answer to two decimal places.
![answer](/tpl/images/cats/otvet.png)
Answers: 2
Similar questions
![Предмет](/tpl/images/cats/mat.png)
![Предмет](/tpl/images/cats/mat.png)
![Предмет](/tpl/images/cats/ekonomika.png)
Business, 20.09.2019 18:20, ronniethefun
Answers: 3
Do you know the correct answer?
Your parents will retire in 19 years. they currently have $300,000, and they think they will need $1...
Questions in other subjects:
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 16.04.2020 06:22
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 16.04.2020 06:22
![Konu](/tpl/images/cats/en.png)
![Konu](/tpl/images/cats/ekonomika.png)
Business, 16.04.2020 06:22
![Konu](/tpl/images/cats/mat.png)
Mathematics, 16.04.2020 06:22
![Konu](/tpl/images/cats/istoriya.png)
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 16.04.2020 06:22