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1 Nancy Bower Assignment 2AGraded d Remaining Time 75 1004 Assume the total cost of a university education will be $50,000 when your child enters

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1 Nancy Bower Assignment 2AGraded d Remaining Time 75 1004 Assume the total cost of a university education will be $50,000 when your child enters university in 7 years You presently have $15,000 to invest Wila annual rato of interest (APR) must you eam, if the interest is compounded quarterly Enter your answer as a percentage Do not indude the percentage sign in your answer Enter your response below rounded to two decimal places Number

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