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Assume the total cost of a college education will be $ 3 9 5 , 0 0 0 when your child enters college in 1

Assume the total cost of a college education will be $

395, 000

when your child enters college in

18

years. You presently have $

65, 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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