Sam has just invested 35000 for her newborn son in an, Financial Management

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Sam has just invested 35000 for her newborn son in an

Sam has just invested $35,000 for her newborn son in an education IRA. This money will be used for her son’s education 18 years from now. She calculates that she will need $200,000 by the time the boy goes to college. What rate of return will Lindsay need in order to achieve this goal?

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