Discuss how long will it take to double your money


1. What annual interest rate must they earn to reach their goal, assuming they don't save any additional funds? Your parents will retire in 18 years. They currently have $260,000, and they think they will need $1 million at retirement.

2. How long will it take to double your money if you deposit money today in an account that pays 9.1% annual interest?

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Macroeconomics: Discuss how long will it take to double your money
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