What annual interest rate must they earn to reach their


Your parents will retire in exactly 18 years. They currently have S300,000 saved today, and they think they will need S1,500,000 at retirement. What annual interest rate must they earn to reach their goal, assuming they do not save additional funds?

Solution Preview :

Prepared by a verified Expert
Basic Computer Science: What annual interest rate must they earn to reach their
Reference No:- TGS02836965

Now Priced at $10 (50% Discount)

Recommended (93%)

Rated (4.5/5)