6. Calculating Rates of Return Assume the total cost of a college education will be $235,000 when your child enters college in 18 years. You presently have $53,000 to invest. What annual rate of...

6. Calculating Rates of Return Assume the total cost of a college education<br>will be $235,000 when your child enters college in 18 years. You presently<br>have $53,000 to invest. What annual rate of interest must you earn on your<br>03<br>investment to cover the cost of your child's college education?<br>

Extracted text: 6. Calculating Rates of Return Assume the total cost of a college education will be $235,000 when your child enters college in 18 years. You presently have $53,000 to invest. What annual rate of interest must you earn on your 03 investment to cover the cost of your child's college education?

Jun 04, 2022

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6. Calculating Rates of Return Assume the total cost of a college education will be $235,000 when your child enters college in 18 years. You presently have $53,000 to invest. What annual rate of...

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