What annual rate of interest must you earn on investment, Finance Basics

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What annual rate of interest must you earn on investment

Assume the total cost of a college education will be $250,000 when your child enters college in 17 years. You presently have $69,000 to invest.What annual rate of interest must you earn on your investment to cover the cost of your child's college education?

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Finance Basics: What annual rate of interest must you earn on investment

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Finance Basics: What annual rate of interest must you earn on investment

Reference No:- TGS0723871

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : Is the chocolate chips image real or virtual

Q : How much will your collection be worth

Q : What is the preferred project

Q : Daily revenue for some company

Q : What annual rate of interest must you earn on investment

Q : How large should the endowment of a college

Q : Is the diamonds image real or virtual

Q : What are the percentage changes in value

Q : Calculate the mirrors radius of curvature

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: What annual rate of interest must you earn on investment

Reference No:- TGS0723871

Recent Questions Asked Finance Basics

Q : Is the chocolate chips image real or virtual

Q : How much will your collection be worth

Q : What is the preferred project

Q : Daily revenue for some company

Q : What annual rate of interest must you earn on investment

Q : How large should the endowment of a college

Q : Is the diamonds image real or virtual

Q : What are the percentage changes in value

Q : Calculate the mirrors radius of curvature

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