Calculating Interest Rates Assume the total cost of a college education will be $280,000 when your child
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Calculating Interest Rates Assume the total cost of a college education will be $280,000 when your child enters college in 18y. You presently have $50,000 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child’s college education?
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th Edition
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
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