Question
Assume the total cost of a college education will be $330,000 when your child enters college in 16 years. You presently have $52,000 to invest.
Assume the total cost of a college education will be $330,000 when your child enters college in 16 years. You presently have $52,000 to invest.
What annual rate of interest must you earn on your investment to cover the cost of your child's college education?
Annual Rate ______%
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The Legal Environment Of Business
Authors: Nancy Kubasek
7th Edition
013354642X, 9780133546422
