Assume the total cost of a college education will be $122,109 when your child enters college in
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Question:
Assume the total cost of a college education will be $122,109 when your child enters college in 16 years. You presently have $52,137 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child's college education? Enter answer in 3 decimal places (e.g. 0.123)
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