Question: ( $ points ) Your parents receive $ 1 0 , 0 0 0 when you were born from family. They decide to save the

( $ points) Your parents receive $10,000 when you were born from family. They decide to
save the money for your college. If they need $350,000 to pay for school and will save for 20
years, what is the monthly return or interest rate your parents need to receive?
( $ points) Your parents receive $10,000 when you were born

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