Dr stein has just invested 100000 for his son the money, Financial Management

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Dr stein has just invested 100000 for his son the money

Dr. Stein has just invested $ 100.000 for his son. The money will be used for his son's education 10 years from now. He calculates that he will need $215, 980 for his son's education by the time his son goes to school. What rate of return will Dr. stein need to achieve this goal?

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