Assuming they don''t save anyadditional funds

Reference no: EM13331662

Please help, how do I find the interest rate for question 5-3 - Your parents will retire in 18yars. They currently have $250,000 and they think theywill need $1,000,000 at retirement. What annual interest ratemust they earn to rach their goal, assuming they don't save anyadditional funds?

Reference no: EM13331662

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