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Assume the total cost of a college education will be $400,000 when your child enters college in 25 years. You presently have $25,000 to invest.

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Assume the total cost of a college education will be $400,000 when your child enters college in 25 years. You presently have $25,000 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child's college education? o 9.65 percent O 10.33 percent O 11.00 percent O 11.33 percent O 11.72 percent

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