Calculating Interest Rates Assume the total cost of a college education will be $280,000 when your child

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Calculating Interest Rates Assume the total cost of a college education will be $280,000 when your child enters college in 18y. You presently have $50,000 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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Fundamentals of Corporate Finance

ISBN: 978-0077861629

8th Edition

Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan

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