Question Completion Status: Moving to another question will save this response. Question 1 Assume the total cost of a college education will be $339,000 when your child enters college in 18 years You presently have $70,000 to invest What annual rate of interest must you eam on your investment to cover the cost of your child's college education? (Do not round Intermediate calcula As Moving to another question will save this response Question 2 You're trying to save to buy a new $245,000 Ferrari You have 550.000 today that can be invested at your bank. The bank pays 45 percentual interest on the accounts How long will it be before you have enough to buy the car? (Do not round intermediate calculations and round your answer to decimal places, 0.32.16 A Moving to another question will save this response