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A financial planning service offers a college savings program. The plan calls for you to make eight annual payments of $5,000 each, with the first

A financial planning service offers a college savings program. The plan calls for you to make eight annual payments of $5,000 each, with the first payment occurring today, your child's 10th birthday. Beginning on your child's 18th birthday, the plan will provide $18,000 per year for four years. What return is this investment offering?

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