Assume the total cost of a college education will be $200,000 when your child enters college in

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Assume the total cost of a college education will be $200,000 when your child enters college in 18 years. You presently have $27,000 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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Fundamentals Of Corporate Finance

ISBN: 9780072553079

6th Edition

Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan

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