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Assume the annual cost of a college education will be $30,000 when your child goes to college in 18 years. You now have $6,500 to
Assume the annual cost of a college education will be $30,000 when your child goes to college in 18 years. You now have $6,500 to invest. What annual rate of interest must you earn on your investment to cover your child's first year cost?
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