Question: response must be entered as a formula 3 4 5 6 7 8 9 Assume the total cost of a college education will be $320,000

response must be entered as a formula

3 4 5 6 7 8 9 Assume the total cost of a college education will be $320,000 when your child enters college in 18 years. You presently have $67,000 to invest. What annual rate of interest must you eam on your investment to cover the cost of your child's college education? Future value $ 320,000 Years 18 Present value $ 67,000

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