Question
Assume that the cost of a college education will be $280,000 when your child enters college in 18 years. You presently have $37,500 to invest.
Assume that the cost of a college education will be $280,000 when your child enters college in 18 years. You presently have $37,500 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child's cost of education? Show your work in excel
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Financial Management In The Sport Industry
Authors: Matthew T. Brown, Daniel A. Rascher, Mark S. Nagel, Chad D. McEvoy
3rd Edition
0367321211, 978-0367321215
