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A couple are planning to save money for their children go to college 14 years' later. They currently have $300,000 which is deposited in the

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A couple are planning to save money for their children go to college 14 years' later. They currently have $300,000 which is deposited in the bank now. If they would like to have $3,000,000 when their children to go to college, what monthly rate of interest would they have to earn on their $300,000 in order to reach their goal? 1.91% 1.38% 1.78% 1.43%

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