13 1.39 points You estimate that you will need about $61,000 to send your child to...

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13 1.39 points You estimate that you will need about $61,000 to send your child to college in eight years. You have about $35,000 now. At what rate of return will you just reach your goal? 11.40% 10.54% 12.84% 7.19% 13.44% Next 13 1.39 points You estimate that you will need about $61,000 to send your child to college in eight years. You have about $35,000 now. At what rate of return will you just reach your goal? 11.40% 10.54% 12.84% 7.19% 13.44% Next

Answer rating: 100% (QA)

FV PV 1rn Where FV Future Value 61000 PV Present Value 35000 ... View the full answer