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7. Suppose you have a 1-year old son and you want to provide $75,000 in 17 years towards his college education. You currently have $5000

7. Suppose you have a 1-year old son and you want to provide $75,000 in 17 years towards his college education. You currently have $5000 to invest. What interest rate must you earn to have the $75,000 when you need it?

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