Question: A14 f_(x) Interest rate A B C D E F G Assume the total cost of a college education will be $325,000 when your child

A14 f_(x) Interest rate A B C D E F G Assume the total cost of a college education will be $325,000 when your child enters college in 18 years. You presently have $85,000 to invest. What annual rate of interest must you earn on your investment to cover 2 the cost of your child's college education? Input area: 5 6 Future value 7 Years 8 Present value $325,000 18 9 $85,000 (Use cells A6 to B8 from the given information to complete this question.) Output area: 13 14 Interest rate Graded Worksheet Calculation Mode: Automatic Workbook Statistics

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