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Assume the total cost of a college education will be $119221 when your child enters college in 17 years. You presently have $55682 to invest.
Assume the total cost of a college education will be $119221 when your child enters college in 17 years. You presently have $55682 to invest. What annual rate of interest must you earn on your investment to cover the cost of your childs college education? (as a percentage and round 2 decimal places)
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