Question
Assume the total cost of a college education will be $200,000 when your child enters college in 16 years. You presently have $70,000 to invest.
Assume the total cost of a college education will be $200,000 when your child enters college in 16 years. You presently have $70,000 to invest. What annual rate of interest must you earn on your investment to cover the cost of your childs college education?
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The Handbook Of Credit Portfolio Management
Authors: Greg Gregoriou, Christian Hoppe
1st Edition
0071598340, 978-0071598347
