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A college professor ( Prof . M ) has two young children. Two years ago, Prof. M invested $ 1 8 0 comma 0 0

A college professor(Prof. M) has two young children. Two years ago, Prof. M invested $180 comma 000 in a fund hoping to have $450 comma 000 available 11 years later when his first child started college. However, the account's balance is now only $160 comma 000.
a. What was the original annual rate of return needed to reach Prof. M's goal when he invested in the fund 2 years ago?
b. Now with only $160 comma 000 in the fund and 9 years remaining until his first child starts college, what APR would the fund have to earn to reach Prof. M's goal of$450 comma 000 if he adds nothing to the account?
c. Shocked by his experience of the past 2years, Prof. M now wants to invest in a new fund and is willing to make end-of-month deposits into the fund so that he has the necessary $450 comma 000 in 9 years. The new fund promises to pay a guaranteed APR of 5.5 percent compounded monthly. Prof. M decides to transfer the $160 comma 000 to this new fund and make the necessary monthly deposits. How large of a monthly deposit must Prof. M make into this new fund to meet his $450 comma 000goal?
d. Now Prof. M gets sticker shock from the necessary monthly deposit he has to make into the new fund in the preceding question. He decides to invest the $160 comma 000 today and $500 at the end of each month for the next 9 years into this fund since that is all he can afford. What APR would the fund have to earn for Prof. M to reach his $450 comma 000goal?

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